The GBP/USD currency pair commenced the new trading week with a notable upward trajectory, consolidating gains near the 1.2940-1.2945 range during the Asian trading session. This level represents a four-month peak, initially achieved during the...
The US Treasury is considering the purchase of bitcoin The US Treasury Department is exploring the possibility of buying cryptocurrencies for a strategic reserve, starting with bitcoin. This was announced by the head of the department Scott Bassett....
On Friday, I observed that the USD/CAD pair moved the deal to Monday with a floating minus, indicating a pause in the bearish momentum. I believe this sets the stage for a potential bullish recovery in the coming sessions. The formation of a...
GBP/USD Analysis: Current Outlook Introduction As of now, the GBP/USD pair is hovering around the critical level of 1.3115, which has significant implications for future movements. While it is quite possible that the pair may approach this level in...
Technical Analysis of XAUUSD As the market reopens today after a two-day hiatus, XAUUSD is currently trading at 2910. The precious metal has shown a relatively stable price action, with key levels of interest identified for potential market...
