Gold H1 chart: Gold is currently in a steady uptrend, with its price hovering around 2932. It has tested the 20 SMA on the H1 chart and is moving toward the resistance level 2940. If gold breaks above 2940, it may continue its uptrend and reach a...
Hello, GBP/USD remains stable following losses in the previous trading session, currently hovering around 1.2610 during the Asian session on Wednesday. Market participants are anticipating the release of the Consumer Price Index data for January...
USD/CAD Price Action: What’s Driving Movement Today(February 19,2025)? Canadian Dollar Strengthened by Oil Prices A major factor keeping the Canadian dollar (CAD) resilient against the U.S. dollar today is oil prices. As a significant oil exporter,...
GBPUSD GBPUSD outlook: The GBPUSD pair remains under pressure due to a combination of factors, including the strength of the U.S. dollar, the Bank of England's cautious stance, and ongoing concerns about the UK's economic growth. The pair is trading...
Weekly Analysis of EUR/USD Recent Price Movements This week's trading in the EUR/USD pair has been characterized by minor pullbacks amidst an overall downward trend. Notably, during the day, there was a significant fluctuation in price, which added...