The chart demonstrates a strong bullish trend over the observed period. The price has moved steadily upward, breaking through multiple resistance levels. The consistent higher highs and higher lows indicate strong buying momentum. The last recorded...
GBP/USD Analysis Greetings and good morning to everyone! The UK Flash and Claimant Count Rate was not better but the UK Average EarninRatete was too better. It increased by 0.06% every year. So, the market of GBP/USD crossed the 1.2700 zone again...
Gold prices experienced a significant decline following the Federal Reserve's interest rate decision and subsequent comments from Chairman Jerome Powell. The market's initial optimism, fueled by expectations of continued monetary easing, was...
The Federal Reserve's recent 25-basis-point interest rate cut was anticipated by market participants and investors. However, the statement made by Federal Reserve Chairman J. Powell was perceived as hawkish, leading to a significant strengthening of...
The upcoming PMI data from both the Eurozone and the U.S. will be pivotal in determining whether the price can regain any bullish momentum. Market participants are closely watching these releases for signs of recovery in the Eurozone or continued...
