Technical analysis of the GBPUSD pair 1-hour chart For two previous trading days, the trend was down, and therefore trading was opened today within price channels with a downward trend. The price has moved in a sideways direction so far, and we...
Greetings and Good morning to Everyone! We can observe a selling scenario on EUR/JPY today. Although there is no particular news event affecting the EUR/JPY market, we can still make informed decisions by following the market from a technical point...
EUR/USD: At present, the EUR/USD currency pair is exhibiting intriguing dynamics. A potential breakdown of the 1.0704 level is anticipated, signaling an opportunity for traders to open long positions. This level is crucial as its breach and...
Today's Gold Price Analysis: Geopolitical Tensions May Bring Profits Looking at last week's trading, gold prices are struggling to recover recent losses, as China announced a halt to its record pace of gold purchases, and the strengthening of the...
The AUD/USD currency pair, representing the exchange rate between the Australian Dollar (AUD) and the US Dollar (USD), is currently trading at approximately 0.6611. The current trend for this pair is bearish, indicating a decline in the value of the...