The GBP/USD pair demonstrates a bearish trend, with the potential to decline by 26 to 51 pips, guided by a pivotal resistance at 1.2350. As long as the price remains below this level, the market favors short positions, targeting significant support...
•••AUD/USD: The Aussie’s Dance with the Dollar Today(January 23,2025)••• ••Economic Forces in Play • Australia’s economy is under a magnifying glass as speculation grows over a possible interest rate cut by the Reserve Bank of Australia. A...
GOLD Trading Analysis Update Thursday, January 23, 2025 Good morning all friends, on this morning I will try to analyze the Gold pair using the H4 timeframe, it can be seen on the H4 timeframe that the Gold price is above the Moving Average...
The EUR/USD pair continues to exhibit a bearish structure, with an anticipated decline of 20 to 40 pips reflecting the current market sentiment. The pivot point at 1.0435 is a defining marker, acting as the boundary between sustained bearish...
AUD/USD's potential decline between 17 to 32 pips reflects a predominantly bearish outlook, with the pivot point at 0.6295 serving as the fulcrum for market decisions. This key level differentiates the preferred short positions from the alternative...