Silver is trading around 29.710, showing a strong recovery from a previous bearish phase. The earlier downtrend pushed prices to a low near 28.650, but the subsequent bounce has created a reversal pattern. Currently, the price is in a short-term...
Technical analysis of the GBPUSD pair Trading ended during the previous week with the formation of a price peak lower than the previous peak, and trading started this week below this peak and the price is still trading below it, therefore...
The GBP/JPY currency pair experienced a decline of approximately 0.4% to 196.00 during the North American trading session on Friday. This downward movement was primarily attributed to a combination of factors impacting both the British Pound (GBP)...
The Gold (XAU/USD) H1 chart presents a dynamic scenario with significant price action and a potential shift in market sentiment. Below is a detailed analysis based on the provided chart: Gold is currently trading around 2616.90, reflecting a...
EUR/USD Technical Analysis: From what I’m seeing, EUR/USD is still stuck in a bearish trend, trading close to multi-week lows. Right now, resistance looks solid around 1.0475, and support is holding near 1.0330. The 200-period moving average on the...
