The EUR/USD currency pair experienced a sharp decline at the beginning of the week, falling below the psychologically significant 1.0500 level. However, a modest recovery followed, with the pair reaching 1.0530 on Wednesday as buyers stepped in....
XAU/USD has been showing a promising bullish trend recently, with the formation of two consecutive Japanese Hammer candlesticks on Tuesday and Wednesday, signaling potential upward movement. This price action, coupled with a solid green close on...
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I initially anticipated a downward scenario for the DXY (US Dollar Index), with the upward movement being viewed solely as a correction. The liquidity zone, marked by the price gap (imbalance) between the levels of 106.627 and 106.491, had been...
The GBP/USD currency pair has been trading within a narrow range of 1.2630 to 1.2700 for the past three days. Despite a brief upward movement above the 1.2700 level, buying momentum was halted by comments from Bank of England Governor Andrew Bailey,...
