Colleague, good morning. As you may recall, I have been contemplating a sell position on the GBP/USD pair for some time. Fortunately, I refrained from executing that trade, and I am currently feeling quite positive about that decision. Analyzing the...
Technical analysis 05 March 2025 AUD/USD H-1 AUD/USD (H1) Good morning colleague! Yes, you correctly noted that we have reached the support level, and there may be a retest. I am not saying anything, but now, at the moment, looking at the chart, I...
EUR/USD extended its rally on Tuesday, reaching new yearly highs around 1.0560, as the US Dollar (USD) weakened significantly ahead of President Trump’s address to Congress. The USD’s decline was fueled by ongoing trade tensions and market...
In my analysis, I observe that precious metals, particularly gold, are experiencing a strong upward trend, driven by the weakening US dollar. The metal we are discussing is currently approaching the recent high of $2,955 per troy ounce, a level that...
The GBP/USD currency pair experienced an upward surge on Monday, primarily fueled by a notable depreciation of the US dollar and burgeoning optimism regarding a potential revitalization of sterling funding. However, this bullish momentum proved...
