The British pound (GBP) experienced a significant reversal during Friday's North American trading session, relinquishing its gains from the previous day and dipping below the critical 1.3000 threshold against the US dollar (USD). This downturn was...
This week, I have noticed that the EUR/USD currency pair has shown at least some degree of stability. I initially expected the quotes to fall below the 1.0900 level quite quickly, and I had already formed the opinion that sellers would be able to...
**Trading the Gartley Pattern in AUD/USD: Opportunities and Risks** The Australian Dollar against the US Dollar is currently forming a **Gartley harmonic pattern**, one of the most significant patterns in technical analysis due to its precise...
Gold Price Analysis: Market Faces Sharp Decline Gold prices have witnessed a significant decline in recent trading sessions, as reflected in the 4-hour XAU/USD chart. Currently, the price is at $3,037.88, reflecting a 2.46% drop. This downward...
The British pound experienced a significant downturn against the US dollar on Friday, registering a loss exceeding 1% as a wave of risk aversion swept through the financial markets. This sharp depreciation was primarily triggered by China's...