The GBP/USD pair is currently facing a critical point of decision at the 1.2725 pivot level. This level serves as the key resistance for any further price action. According to the analysis, short positions below 1.2725 are preferred, with targets at...
GOLD ANALYSIS D1 Period Chart GOLD trading instrument. Another trading week has passed, and at the same time a trading month. The price movement was multidirectional. In the first half of November, sellers clearly dominated. In October, the upward...
West Texas Intermediate (WTI) crude oil prices opened the week on a subdued note, trading around $68.25 per barrel. The downward pressure on oil prices stemmed primarily from a strengthening US dollar. As the dollar appreciates, it tends to make...
Gold prices surged to a two-week high on Friday, driven by a decline in US Treasury yields and heightened geopolitical tensions. The XAU/USD pair climbed to $2,710, marking a 1.50% increase. The decline in US Treasury yields, particularly the...
The EUR/USD currency pair dipped to around 1.0550 during Asian trading on Thursday. This downward trend was primarily driven by a strengthening US dollar, fueled by concerns about the Federal Reserve's potential interest rate decisions. The release...
