Currently, I'm analyzing the price movement of the GBP/USD pair, which exhibited a declining trend on Friday. The daily close formed a bearish candle, indicating seller dominance. The range reached 80 pips, which is significant given the current...
West Texas Intermediate (WTI) crude oil prices have been exhibiting a lackluster performance in early European trading, consolidating near the $78.00 level. While the previous day saw significant gains, the market is currently hesitant to make...
EURJPY D1 Analysis Market Overview The EURJPY pair is currently exhibiting a strong bearish trend on the D1 timeframe. Price action has been consistently forming lower highs and lower lows, indicating a sustained downward momentum. Support and...
Technical Analysis Overview of NZD/USD (Weekly) Resistance and Support: Last week, the NZD/USD faced difficulties in maintaining levels above 0.6048, encountering resistance at 0.6082. This resistance prompted a decline to 0.5921, confirming the...
Gold prices experienced a rollercoaster ride this week. Following weaker-than-expected US economic data, including a disappointing non-farm payrolls report, gold prices surged, reaching a high of $2477. This unexpected economic weakness led...