XAUUSD Technical Analysis XAUUSD has recently broken out of a descending channel, signaling a potential shift in momentum. The price is currently trading above the 150-period moving average (blue line), indicating a bullish trend continuation. The...
Optimism over the potential for a ceasefire between Israel and Hezbollah has sparked some relief in global markets, alleviating concerns about further escalation in the long-standing Middle East conflict. Meanwhile, the nomination of Scott Bessent...
The GBP/USD formula remains somewhat ambiguous but still managed. Currently, there is a high probability of long -term trend formation down. Wave 5 took a convincing shape, so I consider a larger wave 1 to be completed. If this assumption is...
EUR/USD EUR/USD Maintains Rise Above 1.0800 On US Data In the American session on Tuesday, the EUR/USD traded higher than 1.0800. Disappointing consumer confidence data for March and New Home Sales figures from the United States weigh on the USD,...
The EUR/JPY currency pair has been experiencing a structured uptrend, with price movements influenced by key support and resistance levels. The market initially traded within a range below the 157.600 support level, where buying volume was evident....
