Important Points about GBPUSD: Yesterday, the release of the UK GDP data is expected to have a significant impact on the market, especially for buyers. Economic data from the UK has always been closely watched, and this release could offer key...
Gold retreats in a sharp two-day correction On Friday, gold extended its two-day bearish correction after testing resistance at Thursday's previous swing high of $2,721 (B). The sell-off was significant, with prices hovering near daily lows around...
USD/CHF On the daily chart of the USD/CHF currency pair, the ascending impulse structure is close to completion, if not already completed, which may well become truncated. On Friday, a pin bar was formed at the peak of the local ascending movement...
The spot price is under significant pressure due to rising geopolitical tensions, particularly between Israel and Iran. As the conflict escalates, global risk appetite has taken a hit, benefiting the US Dollar (USD) as a safe-haven currency. In...
The Euro has been under significant pressure recently, exacerbated by political instability in the Eurozone. The collapse of Michel Barnier’s government and the subsequent no-confidence vote have added an extra layer of uncertainty to the Euro’s...
