TRADING CHART ON GBP/USD H1. The GBP/USD H1 chart demonstrates a consolidative phase following a notable downtrend, with the price currently hovering around 1.27484. The 200-period moving average (red line) is a critical level that the pair has...
The persistent issue of oversupply remains a key obstacle to sustained increases in oil prices. While occasional bullish catalysts, such as geopolitical tensions, provide temporary support, concerns over excess production continue to weigh heavily...
The yellow metal gained sharply during the Asian session on Thursday, briefly surpassing the $2,725 mark, although they fell short of the daily peak of $2,526 as traders took profits ahead of key economic data releases. At the time of writing, the...
EUR/USD From my perspective, the EUR/USD pair is trading around 1.0750, trying to recover after a recent dip. On the daily chart, it is still below the 50-day Moving Average near 1.0800, which indicates a bearish trend. The RSI is hovering around...
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