The British Pound (GBP) experienced a pause in its upward momentum on Thursday, halting a three-day streak of gains. After reaching a year-to-date high of 1.2923 against the US Dollar (USD), the GBP/USD exchange rate stabilized below the 1.2900...
Hello, colleague! Today is the last trading day of the week - it seems that growth will continue on all fronts. What do you think? For #GBP/USD in particular, the following picture is emerging on the daily chart using the wave technique: - MA100 is...
Gold Current Market Overview Gold is trading at 2902, recovering from a daily low of 2896. The market is still bearish, with gold trading below the 100 Exponential Moving Average and 20 Simple Moving Average on the H1 chart. The Relative Strength...
I believe the price did not react significantly to yesterday's very impactful news on EUR, as there was no notable volatility. I observed that the price remained stuck in a sideways range between 1.0825 and 1.0775. I assume that, in honor of the...
The EUR/USD pair continued its impressive ascent on Thursday, decisively breaching its 200-day Simple Moving Average (SMA) following the European trading session. This breakout signaled a significant surge in bullish momentum, reinforcing the pair's...