The surface reveals a dominant seller-driven narrative, suggesting an overall bearish sentiment. However, much like an iceberg, a significant part of the market remains hidden beneath the surface. Beneath the visible sell pressure, bargain hunters...
Forecast of EURUSD As I indicated in the accompanying diagram, I have noticed that the price of the EURUSD has been moving in a downward channel over the past few trading days on its daily time frame chart. Since Tuesday of this week, the price has...
Gold has been trading within a consolidative range above $2,670, showing resilience amidst a mix of market dynamics, geopolitical uncertainties, and technical indicators suggesting the potential for a breakout. Investors are keen to see whether...
Russia escalated its assault on Ukraine by launching a devastating drone strike on the capital city of Kyiv, resulting in two fatalities and injuring at least six others. The attack caused significant damage to buildings across two districts as...
GBP/USD GBP/USD outlook: GBP/USD is currently navigating a critical juncture, trading around the 1.2350 mark. The pair has shown sensitivity around the key support level of 1.2321, a zone that has been repeatedly tested this week. The importance of...