The spot price experienced a slight pullback on Friday, declining to just above the 1.3150 mark. This movement came after a dip in Consumer Price Index (CPI) inflation data on both sides of the Atlantic. Following a four-day winning streak, the pair...
Gold Price Patterns In our analysis, we're dissecting Gold's current price performance. Gold's price, which was calculated starting from the region at a price of 1616.12, has eventually strengthened around the 161.8% Fibonacci expansion at a price...
The euro extended its gains on Friday. EUR/USD was trading at 1.1091 in the European session at the time of writing, up 0.13% today. The euro has strengthened by 0.7% since Thursday's ECB rate cut. The ECB cut rates to 3.5 percent The European...
The price of XAU/USD has recently reached the peak of its upward movement and has since entered a consolidation phase, which has been ongoing for nearly a month. This period of stagnation follows a strong bullish rally, during which gold...
GBP/JPY ANALYSIS D-1 Timeframe The week is coming to an end, let's look at the D1 period chart again - the GBPJPY currency pair. The previous trading week was almost entirely in the hands of sellers, only at the beginning of the week they rose a...