The GBP/USD currency pair experienced a sharp decline on Wednesday, falling to around 1.2750. This significant drop was primarily triggered by the release of US Consumer Price Index (CPI) data, which largely aligned with market expectations. The US...
The Spot price has managed to recover part of its heavy intraday losses against the US Dollar, rebounding by around 50 pips after hitting a fresh three-month low. Despite this short-term recovery, a sustained price appreciation remains elusive. The...
Good afternoon opeope nomi, the price journey seems to be able to fall to pass the simple moving average zone of period 100 because the buyer's dominance is starting to fade. I project the bearish trend is still very relevant to continue in the...
THE CURRENCY PAIR EUR-USD Happy new trading week, Belka! Yes, the support held. Which makes me very happy. And the fact that Friday closed with a bullish candle is also inspiring. Currently, there are purchase targets formed on the hourly chart of...
Gold prices saw a slight increase in early Asian trading on Monday, trading around $2,645 per ounce. This modest uptick can be attributed to several factors. Firstly, renewed geopolitical tensions in the Middle East and South Korea have increased...
