EUR/USD Rebounds from Key Support; GBP/USD Defies Weak UK GDP The EUR/USD pair staged a recovery on Friday, rebounding from the critical technical support level of 1.0500 reached the previous day. The Euro managed to erase Thursday's losses,...
GBP/USD Analysis: Today and the Week Ahead Technical Analysis Current Levels: GBP/USD is trading near 1.2220, stuck in a tight range close to weekly lows. Support Levels: I'm eyeing 1.2200 as the immediate support, with stronger support at 1.2150....
Analyzing Crude Oil Prices Crude oil prices are struggling to maintain above $68.00, with bearish sentiment dominating the market. Despite the latest report from OPEC lowering its global oil demand forecast for 2025, the market has shown little...
The GBP/JPY currency pair, currently priced at 196.854, has been experiencing a gradual decline, indicating a bearish trend. This trend has caught the attention of traders and analysts, as the pair’s recent behavior hints at the potential for...
Gold Price Watch Gold prices have recently come under pressure, with a pullback from the monthly peaks reached early Wednesday. The decline comes as equity markets are showing a generally positive tone, which is dampening demand for safe-haven...