AUD/USD Market Analysis Greetings and Good Morning In the last week, the AUD/USD market remained firmly in favor of sellers, with the pair closing below the critical 0.6500 zone, signaling a bearish sentiment in the market. This decisive break below...
The British Pound (GBP) weakened against the US Dollar (USD) on Wednesday, primarily driven by concerns about the UK's economic outlook. The release of disappointing UK economic data, including a decline in retail sales and a weaker-than-expected...
Gold prices experienced a modest rebound on Monday, recovering slightly after hitting a two-month low in the previous session. However, the precious metal remains under pressure due to a stronger US Dollar and uncertainty surrounding the pace of...
The CHF/SGD currency pair faced significant selling pressure in strong market conditions at the end of last week. The day before, this pair had lost its upward momentum when approaching the nearest resistance area in the daily timeframe at a price...
The EUR/USD currency pair experienced a slight uptick after a previous session decline, trading near the 1.0550 level during the Asian trading session on Thursday. However, the pair's potential for significant upside is limited due to increasing...