Technical Analysis of Gold Gold returned to growth last trading week and is near historical highs. During the previous decline, the price found a local minimum in the 2600 area, from where it bounced back and began a smooth recovery, recouping all...
Fundamental Outlook Of EUR/GBP The price decrease recovery of the EURGBP pair has challenged the support level (S2) at 0.8325 multiple times, but it is no longer able to continue declining. The price even set up a larger low when it finally...
GBP-USD PAIR REVIEW In yesterday's trading, the price has successfully broken out the Resistance level to Support 1.3043, as well as breaking out the Support level of the Daily time frame, 1.3001. With the success of the price breaking out of the...
The currency pair is currently retracing its recent gains, trading around 1.0845 during the Asian session on Friday. This shift comes as traders exercise caution ahead of the crucial release of the US Personal Consumption Expenditures (PCE) Price...
AUD-USD H1 TIME FRAME Basically, the price movement of the AUDUSD pair still has a tendency to fall due to the bearish trend direction. There is indeed an impulsive price increase but this is no more than a secondary reaction. If we observe, the...