The EUR/GBP has been trading in a relatively narrow range, indicating a period of consolidation. The pair currently stands at 0.8297, slightly above the red moving average, which indicates moderate bullish momentum. However, the overall structure...
The currency pair has maintained thin gains for three consecutive days, trading around 1.4445 during the Asian hours on Friday. This resilience is supported by signals from Federal Reserve (Fed) policymakers, who hinted at fewer interest rate cuts...
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Gold tested resistance at the 50-day moving average (MA) on Friday, hitting a high of $2,665 after a similar attempt on Thursday. However, it pulled back around the 20-day MA to test support at $2,639 and is now trading near the daily lows and is...
After plunging to about 1.0220 on Thursday—the lowest level in more than two years—the EUR/USD finds brief support in Friday's European session. Due to differing opinions on the prospects for monetary policy held by the European Central Bank (ECB)...