The price struggled against most of its major peers, except some Asia-Pacific currencies, during North American trading hours last Friday. Despite expectations of a shallow interest rate cut cycle from the Bank of England (BoE) compared to other...
The GBP/USD currency pair is currently trading at 1.3068, with the prevailing trend being bearish. This suggests that the British pound (GBP) has been losing value relative to the US dollar (USD) in recent trading sessions. The bearish momentum has...
The 9 square is a popular tool used in technical analysis to predict price levels and timing in financial markets, including forex. It is based on the geometric and mathematical concepts introduced by W.D. Gann, a legendary trader known for his...
Navigating the Waves: Gold Prices Let's discuss Gold's current price behavior analysis. Gold buyers continue to drive the upward momentum in the weekly time frame, defying my initial prediction that XAU/USD would face resistance at the first impulse...
Riding the Waves: EUR/USD Today's focus is on analysing the price movements of the EUR/USD currency pair. On the 30-minute chart for the EUR/USD pair, the euro is currently between 1.0928 and 1.0951. Trading closed with a slight buying advantage,...