GBP/USD The GBP/USD market is in a bearish trend, with the price trading around 1.24565. The resistance level of 1.25000 was tested earlier, but the price recovered and started declining. The GBP/USD market tests the 20 SMA level on the hourly...
Silver’s Movement: What’s Driving XAG/USD Today(January 27,2025) Investor Sentiment: Eyes on Inflation At the moment, sentiment around silver is cautiously optimistic. With inflationary pressures still a concern, many are turning to silver as a...
EUR/USD Fundamental Analysis: EUR/USD is struggling to gain momentum as the market leans toward the U.S. dollar ahead of this week’s Fed meeting. There’s a lot of speculation about potential rate cuts later this year, but given the strong U.S....
Technical Analysis of Gold Technical analysis of gold indicates that the price of gold has reached a strong support level, as the weekly pivot level 2748 is located in this area, as well as the price channel lines, and therefore the price behavior...
USD/JPY: A Market at the Crossroads(January 27,2025) The U.S. Economy Powers Ahead The U.S. economy continues to impress, with recent reports offering a glimpse of its resilience. Economic indicators, particularly in the services sector, show...