Forecast for GBP/USD 5 February 2025 On the hour graph, a few GBP/USD on Tuesday rose sharply towards the resistance zone 1.2488 - 1.2508. The jump from this zone would prefer the US dollar and launch a decline towards the support zone of 1.2363 -...
Shorting gold or buying it at current prices does not present an optimal opportunity for short sellers. The reason is that once the initial impulse wave to the upside concludes, the prevailing downtrend will be broken. Therefore, if prices fail to...
XAUUSD(Gold) XAUUSD(Gold) outlook: Gold continues to be influenced by various factors, including economic data, Federal Reserve policy, geopolitical risks, and inflation concerns. The U.S. Dollar has remained strong due to robust economic data from...
NZD/USD Market Outlook Good Morning! Today, the ADP Non-Farm Employment rate can help the market sentiment of NZD/USD traders to cover their losses. Also, the market can drop sharply and cross the 0.5500 zone later. Also, the US Unemployment Rate...
GBP/JPY MarketOutlookk Greetings and Good morning guys! The overall market sentiment of GBP/JPY looks in favor of buyers. They can cross the 193.77 zone this week. Also, the UK MPC Official Bank Rate can change the market sentiment tomorrow. The...
