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#GOLD Oil prices fell on the back of the dollar’s strength, which is because of expectations that the refinancing rate will remain at the current level at the upcoming meeting. Prices are still trading above the red moving average, which is...
I observe that the AUDUSD pair extended its downward trajectory, testing the lower Bollinger Band at 0.6206, where buyers stepped in to trigger a bounce, signaling potential short-term support. I note that the Federal Reserve’s hawkish rhetoric on...
The EUR/GBP currency pair experienced a modest rise to around 0.8370 during early European trading hours on Thursday, breaking a five-day streak of losses. However, the pair's upside potential is likely to be constrained by the dovish monetary...
EURGBP Daily Time Chart Analysis The EURGBP currency pair is under severe downward pressure. Expectations for an interest rate decision by the European Central Bank are fueling bearish sentiment. The currency pair fell by more than 1%. This...
