Technical analysis of the EURUSD pair The price is trading in a resistance area on the 4-hour chart, as the price faces the weekly pivot level as well as the upper channel lines. During the previous two weeks, the pair price moved in a downward...
Gold prices opened the Asian trading session on Monday at approximately $2,625 per ounce, reflecting a complex interplay of factors influencing the precious metal's value. While the Federal Reserve's continued tightening of monetary policy could...
The Bank of England suspends rate cuts due to rising inflation On Thursday, the Bank of England concluded its last meeting of the year, leaving the key rate unchanged. This decision turned out to be expected, given that inflation in the UK has...
EUR/USD Analysis Current Situation The Euro/Dollar (EUR/USD) pair is currently trading at a level of 1.0435. The daily chart illustrates that the pair is floating near the lower boundary of a descending channel. This technical setup indicates...
AUD/USD Market Analysis Greetings Morning have a profitable new week! The market of AUD/USD dropped sharply down and crossed the 0.6250 zone on Friday. Also, there was no news event about AUD in the last week. This week, the Australian Monitory...
