GBP/USD is currently positioned in a bearish structure, with 1.2425 acting as a critical resistance level, limiting any potential upside moves. As long as this level is not breached, the risk of a downward continuation remains elevated, with an...
Market Overview: GBP/USD Technical Analysis The Relative Strength Index (RSI) on the 4-hour chart for GBP/USD remains below 50, signaling a persistent lack of buyer interest. This bearish sentiment is supported by key technical indicators,...
GOLD The pair was trading in an ascending trend channel. The lower boundaries of this trend channel were broken, the pair returned back to the range. After that, it broke through the upper boundaries of the trend channel. Near the resistance of...
Gold Technical Analysis and Uptrend Continues. Gold is currently showing strong positive momentum and is trading near 2906. The market gained momentum after breaking the key resistance level of 2885, which led to an increase in price. Gold reached a...
EURUSD Daily Time Chart Analysis The EUR/USD pair started the day with a small break. The price fell to 1.0300, which is a sign of selling pressure. The pair soon found itself in a crowded place. The upper end of the range is at 1.0530, while the...
