The British pound (GBP) maintained a relatively stable position against the US dollar (USD) on Monday, trading around the 1.2915 mark, with a slight uptick of 0.04%. This period of consolidation occurred amidst a quiet economic data landscape, with...
Forecast of Gold Looking at Gold's H4 time frame chart, we can see that the price flew around the moving average lines and had been moving in a range for the previous several trading days. The price of Gold finally dropped sharply a few hours ago,...
EUR/USD The EUR/USD pair is hovering around 1.0845, showing a slight dip of 0.1% from yesterday. The price action remains within a tight range, with a battle between bullish and bearish forces shaping the next move. Technical Analysis: Recently,...
GBP/USD Let's open the daily timeframe and see a fairly clear picture: earlier there was a rebound from the local minimum of 1.2100, after which the pound/dollar pair formed an ascending price channel, which was eventually broken by breaking...
USD/CHF As of today, USD/CHF is showing some interesting movements driven by both technical and fundamental factors. Here's my take on the current market conditions. Technical Analysis: Right now, USD/CHF is leaning bearish. The pair is hovering...
