GBPUSD From the GBP/USD daily chart that I observed, we can see that the current price is around a strong resistance zone, marked by a blue zone around the 1.3200 to 1.3300 level. This area was previously a fairly large price reversal point where...
The USD/CHF currency pair, currently trading at 0.84662, has been in a consistent bearish trend, signaling a decline in the value of the US dollar relative to the Swiss franc. This downtrend reflects several underlying factors, including economic...
Gold prices have recently gained momentum, trading around $2,516 per ounce during Monday's early Asian session. This upward movement is driven by several key factors, including statements from Federal Reserve Chair Jerome Powell and escalating...
TRADING CHART ON EUR/USD H1. Good day Powell said the market expects the most important thing from him - that now is the time to cut rates.Powell had only hinted at a rate cut in September, and on Friday he said. Therefore, the EURUSD pair tested...
The recent movements of the EUR/JPY currency pair indicate a significant shift into a corrective phase. The pair has seen notable declines, with its value dropping to approximately 170.383. This drop is particularly important as it suggests that the...