Gold overall update Gold is in a steady uptrend and is currently trading at 2771. Price action is closely linked to key economic data from the US, including the Manufacturing Purchasing Managers Index (PMI) and the Services Purchasing Managers Index...
The AUD/USD currency pair surged to a one-month high of approximately 0.6330 on Friday, breaking out of a two-day sideways trading range. This upward movement coincided with a weakening US dollar, driven by several key factors. Firstly, expectations...
GBP-USD PAIR ANALYSIS I opened a buy position at the level of 1.2380 after the price managed to break through the minor resistance at 1.2370. I placed my stop loss at 1.2350 to minimize risk, and the profit target at 1.2410. After opening the...
EUR/ USD Price Action Let's delve into the present analysis of the price behavior of the EUR/ USD currency pair. I traded the asset and continued to trade, gaining positions only in growth. Although counter-trend entry points tempted me to enter the...
GBPUSD GBPUSD outlook: The GBP/USD pair is navigating a tight range today, as both the British pound and the U.S. dollar face their respective challenges. On one hand, the pound is supported by recent positive UK economic data, while on the other,...
