Technical Analysis Eur-usd H1 Time Frame: On the hourly (H1) chart, the technical picture becomes clearer. Previously, the EUR/USD pair broke out of an ascending price channel, after which a correction took place. Following this correction, the pair...
The British Pound (GBP) continued its downward trend against the US Dollar (USD) on Thursday, reaching a six-month low. This decline reflects underlying weakness in the pound, amplified by market anticipation of key economic data releases on Friday....
XAU/USD: Geopolitical Tensions and Economic Data Drive Gold’s Movement Gold (XAU/USD) has been experiencing a significant upward trend, recently trading around the $2,670 mark. This surge in price is largely attributed to rising geopolitical...
Gold prices surged for the fourth consecutive day on Thursday, reaching $2,660, as investors sought refuge in safe-haven assets amid a broader market risk-off sentiment. This shift was primarily triggered by disappointing financial results from...
I believe that the pair will continue to decline. However, the level of 1.0300 offers strong support. As long as the euro is trading above 1.0300, it is unlikely to decrease. Today, we may see the pair hovering between 1.0319 and 1.0395 during the...
