Determining the future price movement of gold involves analyzing a variety of factors, both technical and fundamental. Given the recent good sales observed on Friday and the northward trend prior to that, we need to consider several elements to...
The British Pound is currently licking its wounds after the Bank of England's (BoE) decision to hold rates sent it tumbling to a one-month low. GBP/USD is hovering around 1.2600, potentially setting the stage for a further decline. The BoE's dovish...
USD Index Shows Strong Momentum, Approaching Critical Resistance: Last week ended positively for the USD Index, which closed higher at 104.93, marking a bullish trend from its starting point at 104.81. Currently, it is testing the significant 105.18...
GBPCHF H1 Today, I was slapped by the fact that EURAUD was moving bearish instead of bullish. Again, the technical analysis that I relied on yesterday gave an unfavorable signal. It seems that the market is still dominated by sellers who are pushing...
GBP/USD/D1 As long as the demand area remains intact, the opportunity for GBP/USD to continue its upward trajectory appears substantial. This demand area acts as a critical support zone, and its preservation is key to sustaining the bullish outlook....