Currency Pair Behavior: GBP/ USD We are examining the dynamic pricing behaviour of the GBP/ USD currency pair in real time. It is difficult to guess at the moment what the further actions of major players will be. So far we have only gone above the...
The upcoming week (February 24 to March 1, 2025) features several significant economic events that could influence the forex markets. Monday, February 24: German Ifo Business Climate Index (February): Scheduled for release at 09:00 AM GMT, this...
I believe that the recent price movements in the XAUUSD pair are primarily driven by profit-taking, followed by renewed buying interest, which sustains the upward momentum. I observed that on Thursday, the price updated its maximum again, and I...
T E C H N I C A L _ A N A L Y S I S X A U / U S D Hello, Fellow traders, it is my pleasure to greet you and wish you the best of luck in your future endeavors. XAU/USD is trading at 2935.34 at the time of writing. It's possible that XAU/USD will now...
Understanding Bullish Momentum and Breakouts in the Forex Market The forex market is characterized by various price movements that traders analyze to make informed decisions. Two important concepts in this context are "bullish momentum" and...
