The price initially showed strong upside momentum on Thursday, driven by a sharp weakness in the pair. However, the pair soon gave up most of its intraday gains after encountering significant resistance near the 152.80 mark during the American...
The Spot price gained ground during the Asian session, fueled by recent data contrasting the economic outlooks for the Dollar and the Australian Dollar. The key catalyst for the AUD's rise was speculation that the Federal Reserve (Fed) would not...
The yellow metal gained sharply during the Asian session on Thursday, briefly surpassing the $2,725 mark, although they fell short of the daily peak of $2,526 as traders took profits ahead of key economic data releases. At the time of writing, the...
The USD CHF currency pair maintained its upward trend, staying above the Kumo cloud area. The price rose, reaching a high of 0.8892 and approaching the psychological level of around 0.8900. Although there was a downward correction in the Kumo cloud...
TRADING CHART ON GBP/USD H1. The GBP/USD H1 chart demonstrates a consolidative phase following a notable downtrend, with the price currently hovering around 1.27484. The 200-period moving average (red line) is a critical level that the pair has...
