GBPUSD Good morning. It looks like buyers started to push the price higher but yesterday they were unable to increase their positions any further. They now need to break and consolidate above the 1.27018 level and if they can achieve this, the...
Silver Price Movement The discussion currently revolves around the analysis of the Silver price behavior. Silver quotes have reached the descending channel's lower trend line on the daily time-frame. If they break through and continue declining...
Gold Price Action Forecast Our current analysis of the Gold price behaviour suggests a bearish trend for the XAUUSD commodity instrument. We've identified sales targets on the hourly chart, with the first target at the 161.8 level on the Fibonacci...
The pair experienced a decline during the North American session, primarily due to weaker-than-expected employment data from the UK, which undermined the Pound Sterling. Consequently, the major currency pair traded at 1.2660, down by 0.11%. This...
THE CURRENCY PAIR USD-CHF It may be possible to make a false breakout of the 0.9000 range, and this will be a signal to sell. When we get a continuation of the correction to the range of 0.9000, then from there we can make a fall, and it’s...