Date: 5th February 2025. Stock Market Drops as US-China Trade War Escalates; Gold Hits Record High. US Dollar Weakens Amid Market Uncertainty * The US dollar continued to weaken, extending Tuesday’s 0.7% drop following disappointing US jobs data. *...
GBP/USD Well, I see a perfect reversal to the north from the support zone 1.2271-1.2143. I really didn't go into buying here for one single reason - this is a weekly chart. Most likely, I would have had to sit in buying for a long time, by long I...
H-4 Chart Technical Outlook AUD/USD On the H-4 chart, I see that the movement is going north lately. Today the pair is also going north at the moment. I wonder how the pair will move further, will the north continue or should I expect changes. I...
I've noticed that the instruments are starting to create conditions for growth. Observing the price action, I saw that it pierced a local maximum but subsequently fell back below that level without updating the last minimum. This price movement...
Gold prices have soared to unprecedented levels, nearing the $2,880 mark, driven by a combination of a weakening US Dollar, declining US Treasury yields, and heightened safe-haven demand fueled by ongoing tariff concerns. The precious metal has been...
