Gold prices experienced an upswing during Thursday's North American trading session, reacting to the release of the US Producer Price Index (PPI) data, which marginally surpassed market expectations. Contributing to gold's safe-haven appeal, the US...
GBP-USD PAIR ANALYSIS The movement of GBP-USD is indeed interesting to observe, especially with the negative sentiment on the dollar due to PPI data and the issue of reciprocal tariffs. From what you have explained, I agree that the SBR area of...
H-1 Chart Technical Outlook USD/JPY Hello, fellow traders! Above the price is the moving average indicator; as we can see from the chart of this pair, this suggests that it is most profitable to carry out transactions for sale, but not for...
The GBP/USD pair experienced a significant surge on Thursday, climbing over 0.9% to reach the 1.2560 area. This rally was fueled by positive economic data releases from both the UK and the US. The UK's GDP figures surpassed market expectations,...
I begin my analysis of the NZD/USD (kiwi) by focusing on the 4-hour chart, where I observe a distinct sideways price channel that has dominated price action since late December. I note that the pair has consistently oscillated between the support...
