It should be mentioned that I am still unsure about the state of the EURGBP currency pair. In theory, nothing has changed, but we are still falling. The short-selling initiative has progressed to the 0.8530 region. However, since the pin bar is...
T E C H N I C A L _ A N A L Y S I S X A U / U S D Good Morning, I hope all is well. Let me share with you my thoughts on XAU/USD. Currently, the market price of XAU/USD is floating around the 3272.00 area. This area is near the resistance zone....
The EUR/USD currency pair continues to decline for the second straight session, trading near 1.1360 during Monday’s Asian market hours. The pair faces renewed pressure as the US Dollar (USD) strengthens, buoyed by signs of easing tensions between...
General Points about GBPUSD: The GBPUSD market shows potential for further upward movement, with a strong possibility that it could break the 1.3362 level. Observing recent market behavior, it’s clear that buying momentum has been building steadily,...
GBP/USD Technical Analysis: A Consolidating Market with Mixed Signals The GBP/USD pair appears to be in a consolidation phase, as shown in the provided 4-hour chart. The price is trading near the 1.3300 psychological level, with marginal movements...