The GBP/USD pair continues to showcase strength, maintaining a bullish bias as long as the price remains above the pivotal 1.2417 support level. This price point serves as a critical inflection zone, dictating the broader market sentiment and...
Gold prices are showing resilience as they build on the previous day's recovery from a post-US CPI dip, supported by a combination of geopolitical tensions and concerns surrounding former President Donald Trump. These factors are bolstering demand...
The EUR/JPY H1 chart shows a strong downtrend over the past few weeks, characterized by lower highs and lower lows. However, recent price action suggests a potential reversal or correction as the price has bounced back from a key support level near...
The Australian Dollar (AUD) continues to trade within a narrow range, with AUD/USD slipping to around 0.6260 during Wednesday’s session, marking a 0.30% decline. The pair faced renewed selling pressure after failing to sustain momentum above the key...
If buyers fail to generate at least minimal upward movement and the price declines, breaking through my bearish sell level at 1.23887, this will serve as a confirmation of downward momentum. In this scenario, I will close my buy position at a loss...