Gold prices have recently exhibited significant volatility, breaching the critical $2,900 support level and displaying a period of indecisive trading. While initial bearish indicators, such as the rejection of a double top pattern and the appearance...
GBP/USD Technical Analysis and Forecast – March 7, 2025 Today, the GBP/USD currency pair is trading around 1.2890, showing a strong upward movement. The British pound has gained against the US dollar due to recent economic data and market sentiment....
The chart provided is a 1-hour (1h) price chart of Gold (XAU/USD) from TradingView, a popular charting platform. It displays price action, support and resistance levels, wicks (bearish and bullish), and buy/sell indications. 1. Price Action ...
The market's reaction to the ECB rate cut has been notably muted, with the EURUSD pair continuing its upward trajectory despite the central bank's decision. This suggests that large market participants have not yet closed their positions, and their...
GBPUSD Daily Outlook The GBP/USD pair showed strong momentum, breaking a major resistance level and establishing a sustainable uptrend. After a period of consolidation and downward pressure, the currency pair found support near the 1.2200 level and...
