The GBP/USD pair continued to face downward pressure, trading near the 1.3045 level, influenced by the latest US inflation data and weak UK economic activity. While headline inflation declined, the core CPI remained unchanged, prompting traders to...
Fundamental Outlook of EUR/USD The EUR/USD currency pair is currently navigating a difficult landscape, influenced by several factors. A major element affecting the pair is the growing expectation that the European Central Bank (ECB) may lower...
Forex Trading with GBP/USD Prices Our conversation focuses on the state of the GBP/USD currency pair's price behavior scrutiny. The daily oscillator has moved downward, and the linear one is below the zero line, indicating potential short-term...
M-1 Chart Technical Outlook NZD/USD NZDUSD failed to sustain its bearish momentum and started moving higher against the US Dollar after prices touched a low of 0.6135 in the European trading session today. We can see a moving average bullish...
Gold prices, represented by XAU/USD, have been influenced recently by several important factors. First, U.S. inflation data has raised expectations that the Federal Reserve might cut interest rates by 25 basis points (bps). This potential rate cut...