The GBP/USD currency pair experienced a notable decline on Monday, marking its second consecutive session of losses. This downward trend prompted a surge in buying activity just above the crucial 200-day exponential moving average (EMA), situated at...
I believe that if this move was purely profit-taking from earlier purchases, then on Monday, the price should quickly rise to 1.1100 as part of the trend resumption. I personally expect growth to continue due to the ongoing weakening of the dollar,...
GBP / CAD: My Trading Recommendations Yesterday, the market of GBPCAD hit the 1.8337 level, and it is currently on a correction path. This retracement indicates that the price has pulled back from recent highs, but such moves are common in...
Gold prices experienced a significant downturn on Monday, plummeting by over 2% as a confluence of factors spurred a rush towards the perceived safety of the US dollar. The XAU/USD pair breached the critical $3,000 threshold, touching a low of...
Forecast of Silver Silver is performing a price correction, and its trading activity is in the range zone on the H1 and H4 time frame charts. Silver tested the 29.171 support level since it had significant negative action on Thursday and Friday of...
