The NZD/USD currency pair displayed a notable shift in momentum on the 4-hour chart, marking the first instance in three months where it failed to breach the 200-period Simple Moving Average (SMA). Furthermore, the pair demonstrated an inability to...
Gold prices continued their upward trajectory for the third consecutive day, registering a 0.35% increase. This surge in demand for the safe-haven asset can be attributed to several factors, including heightened political concerns and the ongoing...
Gold prices experienced a slight dip on Thursday, reaching a daily low of $2,735 amidst a rise in US Treasury yields. Economic data from the US indicated a potential slowdown in the labor market, while market participants continued to assess recent...
T E C H N I C A L _ A N A L Y S I S G B P / U S D Good morning, in today's post, we will take another look to see if we have a chance to go short again or not. Let's talk about the chart prepared today in this time frame. GBP/USD is trading at...
From my perspective, the per hour of the euro/pound of kilos exhibits the charming development of rate behavior, marking the merger and step forward period. The chart emphasizes the nice use of the Bollinger band, wellknown deviation and common...