The spot price has reversed its two-day rally, pulling back from a four-week high of 161.95 reached on Tuesday, and is now trading around 161.40 during European hours. This decline is partly attributed to the release of mixed economic data from...
GBP/USD traders face a critical week as central bank decisions could shake the pair out of its range. Inflation data and GDP reports add another layer of intrigue and set the stage for potential volatility. Key technical levels at 1.2350 and 1.2850...
All the best. So, GOLD has started to slip again, they can't pull the price up, but they haven't broken through the low in wave (b) yet, which could be a cancellation of the next layout in the senior zigzag for growth, which means that for now...
Technical analysis of the GBPJPY pair On the 4-hour chart and after an upward wave since the beginning of this week, the upward trend stops with the encounter with the weekly resistance level of 195.68. During the previous two weeks, the general...
The Australian dollar continued its downward slide in early trading on Tuesday, weighed down by a combination of domestic economic weakness and broader concerns about China's economic outlook. Australia's heavy reliance on China as its largest...