GBP USD Technical Analysis: Four-hour chart: If we look at the market price, in the four-hour time frame, the market prices were moving downwards and the selling pattern was helping to bring the market down. This pattern has been in the sale for a...
The price has recently reached a multi-day low, dipping slightly below the 0.5830 mark during North American trading hours on Wednesday. This decline is primarily attributed to a rebound in the US Dollar (USD) following the release of the United...
GBPUSD CURRENCY PAIR ANALYSIS Based on the chart shown, the GBP/USD currency pair shows a significant movement pattern. The current trend tends to be bearish, as seen from the consistent price decline since mid-November 2024. This decline is...
Date: 4th December 2024. Australian Dollar Dives To Significant Support Level! The decline is largely due to the Gross Domestic Product which rose from 0.2% to 0.3%, but fell short of the 0.5% which traders were expecting. Last Thursday,...
Market Analysis Yesterday, as anticipated, crude oil showed a bullish response. While we had cautioned about a potential bullish counterattack in our plan, we were surprised by its strength. In just one day, prices nearly recouped losses from the...
