The pound sterling (GBP) against the US dollar (USD) is continuing its sideways market to consolidate the price trend at the beginning of the new week, swinging in the narrow trading area around 1.3000 in the first half of European time. At the same...
Analysis of the GBPUSD pair in the H-4 time frame. The GBPUSD pair price is seen moving between the pivot point (PP) of 1.3073 and support (S1) of 1.3013. There is no impulsive movement towards the resistance (R1) 1.3125 or moving lower past the...
In the daily time frame, Gold (XAU/USD) is showing strong bullish momentum, as indicated by the formation of bullish candles following a breakout and decline from the 2560 pivot point area. The OSMA indicator signals that the price has reached 80,...
The EUR/USD currency pair is displaying a bearish trend on the 4-hour chart. The price has dropped to the support levels of 1.08971-1.08571, and there is a possibility of another decline to these areas. However, a corrective rise is anticipated,...
Silver Price Analysis The Silver price behaviour analysis is a topic for discussion. Last week, silver experienced fluctuations in both directions. After a period of consistent growth, it lost momentum. This outcome was likely due to the divergence...