Currently, I observe that the pair is showing reluctance to close above the intermediate resistance levels, yet it is not displaying a strong downward momentum either. I notice that a short-term bearish trend has started to emerge, which I believe...
GBP/USD Technical Analysis, Fundamental Impact and Forecast Current Market Review The GBP/USD market is currently downtrend and trading at 1.2592 on the H1 chart. The price is approaching the support level at 1.2570, while the resistance is at...
Technical Analysis of Gold The previous analysis target has been achieved as the price reaches the monthly resistance level of 2945 again. When looking at the price movement during this month, we find that the price is moving upwards with no clear...
Market Fundamentals: The National Bureau of Statistics (NBS) provided an optimistic economic outlook during a recent press conference, stating that the economy remains stable with growing signs of positive momentum. Consumption continues to recover,...
Market Fundamentals: The US Dollar (USD) remains resilient despite a brief corrective slide from a four-month high reached on Wednesday. Market optimism surrounding stronger economic growth and rising inflation under a potential second term for...
