The GBP/USD currency pair continues to exhibit a bearish trend, indicating a sustained downward movement in recent weeks. As the market leans heavily towards bearish sentiment, last week's brief surge to 1.2941 was met with significant selling...
Across the pond, inflation in the eurozone rose again in July, raising doubt on potential European Central Bank (ECB) interest rate cuts in September. Data released on Wednesday by Eurostat showed that the preliminary estimates of the Harmonised...
Gold prices are currently exhibiting an upward trend, yet signals suggest a potential decline in the near future. Presently, gold is trading above the Pivot Point of 2399. However, the stochastic indicator indicates that a decline may be imminent....
Gold prices experienced a significant surge in the late North American trading session, buoyed by the Federal Reserve's decision to maintain interest rates at their current level. The precious metal, as measured by the XAU/USD pair, climbed over...
Gold Price Action Study Our conversation today will centre on the analysis of the Gold price changes. Yesterday I even set an alarm clock before the release of the American news "Decision on the interest rate of the Federal Reserve." I expected that...