XAU/USD: Stuck in a Range Awaiting Breakout: The XAU/USD pair, representing the exchange rate between gold (XAU) and the US dollar (USD), is currently in a consolidation phase, trading between significant technical levels. This range-bound movement...
The Japanese Yen (JPY) gained some ground against the US Dollar (USD) this morning in Asian trading, continuing its recent positive momentum. This decline in the USD/JPY pair can be attributed to two main factors. Firstly, the US dollar itself is...
GBP/USD pair traded in positive territory near 1.2688 for the fifth day in a row. The USD index breaks below the 106.00 barrier, which supports the larger pair. Investors await the US June ADP employment change, ISM services PMI, along with the FOMC...
Hello friends! How are you? I hope you will be fine and enjoying the weekend. It's time to take a rest, spend time with your family, and also make a review of your last week's trades so that you can improve your trading. Weekly Analysis Results: I...
EUR/USD ANALYSIS. Today, we will talk about the EUR/USD currency pair's price action analysis. I looked at the EUR/USD pair on the H1 chart using the D1 time frame. The consolidation process is ongoing, and there may be a reversal soon. A move in...