The spot price began in October with a slight decline, trading around 1.3055, down by 0.32% during the North American session. With US financial markets closed in observance of Labor Day, the session is expected to remain quiet. Traders are eyeing...
Price Action Playbook: GBP/ USD Our conversation revolves around the current state of the GBP/ USD currency pair's price behavior review. I once put forward the idea that if after the rate cut by European central banks, their currencies suddenly...
In yesterday's trading session, the AUD/JPY market was completely dominated by sellers. Over the past few weeks, it has become increasingly clear that sellers have taken control of the market, and their strength has been growing with each passing...
The GBP/USD pair is currently indicating a near-term positive trend, with the 14-period Relative Strength Index (RSI) showing strong upward momentum. The RSI is oscillating in the bullish region between 60.00 and 80.00, suggesting that the market is...
XAU/USD Market Analysis Greetings and Good Morning to all Members! The market of XAU/USD has consistently increased its value for many weeks. It had crossed the 2653 zone in the last week. And, the bullish scenario might remain anymore. However, the...