The euro experienced a surge against the US dollar at the commencement of the trading week, reaching levels around 1.0520 during the Asian session on Monday. This appreciation can be attributed to a decline in US Treasury yields, which preceded the...
AUD / USD: Today's Recommendation The bulls of AUDUSD were weak in the last few days, showing signs of losing their grip on market momentum. The price hit the 0.6360 zone, signaling that a bearish scenario had emerged. The failure to maintain...
Technical analysis of GBPUSD Today I choose GBP/USD for technical analysis. The market price is rising, but it is trying to change its structure. This time it fell with the help of a trendline, but recently it broke this trendline, helping its price...
Hello, Gold prices appear to be starting the last full week of 2024 on a positive note, holding steady at $2,650 early Monday. The US dollar has retreated along with US Treasury yields ahead of SP Global’s preliminary US business PMI data later this...
The EUR/USD pair is trading at 1.0516 after experiencing a recent upturn. The chart shows a notable downtrend prior to the current consolidation phase, followed by a modest reversal attempt. Key price levels remain significant as the pair attempts...
