The week began with a cautious yet decisive move as I observed the GBP/USD break above the resistance level of 1.23480 on Monday. This bullish signal validated my initial hypothesis, and I noted the pair’s swift rally toward 1.24927, a key...
The NZD/USD currency pair is currently experiencing a bearish trend, primarily driven by technical factors indicating sustained downside momentum. The price remains below the key pivot level of 0.5679, which serves as a strong resistance zone,...
The given textual content discusses the merger of the euro foreign money pairs over the time body of the day, in which it is constrained to the interior bar chart between 1.67417 and 1.64882. Furthermore, this action is constrained via a symmetrical...
The NZD/USD currency pair remains under considerable bearish pressure, with multiple indicators confirming the likelihood of further downside movement. The most critical technical factor is the resistance level at 0.5679, which continues to cap any...
Gold Analysis Amid a mixed US employment report and escalating tensions in the US-China trade war, gold resumed its upward trend on Friday. The price of XAU/USD reached $2,862, marking a 0.24% increase. This rise in gold prices was primarily driven...