Important Points for GBPUSD: The market is trading at the 1.3276 level and the bullish concept is becoming strong today. Because the US dollar got weakness this week. For instance, traders who are long on the USD such as betting that the dollar will...
The spot price has shown renewed strength, breaking out from a consolidation range of around 1.3290. This bullish movement has pushed Cable to fresh short-term highs, with further targets set towards 1.3340. Currently, the pair is trading near the...
Price Action Analysis: GBPUSD The present analysis of the GBPUSD price behavior is subject to discussion. The price structure is still highly favorable on a daily basis on the left, with the correction from 1.3260 to 1.3000 acting as a brake and the...
NZD/USD PAIR MOVEMENT Today it turns out that there are many high impact news released which seems like it will make the market more crowded. The NZD/USD currency pair experienced a slight decline after the candle failed to penetrate the resistance...
Gold jumped to a high of 2,595 on Thursday and retested Wednesday's all-time high of 2,600. Despite hitting new highs, Wednesday's session ended on a weak note, with a bearish reversal and closing in the lower half of the day's trading range. This...