What Drives the Gold Price Action Currently, we are dissecting the ongoing study of the Gold pricing movement analysis. It is worth noting that nothing has changed for the quote in the sense that the confident upward movement continues. But...
GBPUSD outlookThe GBPUSD currency pair is experiencing downward pressure primarily due to the robust performance of the US Dollar and worries regarding the economic conditions in the UK The Federal Reserve's aggressive monetary policy and the...
The USD/JPY H1 chart presents a clear downward trend, characterized by a series of lower highs and lower lows. The price action has been consistently trading below the middle Bollinger Band, indicating strong bearish momentum. The Bollinger Bands...
US West Texas Intermediate (WTI) crude oil prices exhibited a period of consolidation during Friday's Asian trading session, moving within a narrow trading range. This consolidation followed four consecutive days of gains. The commodity is currently...
Technical Analysis of Gold The technical analysis of the 4-hour chart shows the price breaking the ascending blue channel that represents the general trend of gold during the previous two trading weeks. The channel line was broken during the...
