GBP/USD extends its weekly slide and trades at its weakest level since November 2023 below 1.2250. The data from the US showed that Nonfarm Payrolls rose by 256,000 in December, fuelling a US Dollar rally and weighing on the pair The Relative...
EUR/USD stays under bearish pressure and trades below 1.0300 in the American session on Friday. The US Dollar benefits from the upbeat jobs report, which showed an increase of 256,000 in Nonfarm Payrolls, and forces the pair to stay on the back foot...
Crude Oil Technical Analysis 1-Hour Timeframe In the 1-hour timeframe, crude oil prices are showing a clear bullish trend. The current market price is trading above major moving averages, indicating strong bullish momentum. The price is above both...
The GBP/USD pair has been under consistent bearish pressure recently, with the pound falling from a recent high of 1.2605 to close yesterday around 1.2206. This nearly 400-point decline reflects the significant challenges facing the British...
Silent Points about XAUUSD: Currently, the XAUUSD market is closed near the 2690 level, which acts as a resistance level. The price struggles to move higher without a strong catalyst at such levels. A breakthrough at 2692 or 2695 could signal upward...
