XAU/USD assets have surged above $2,331.00 per ounce, touching record highs as advance traders and investors anticipate the Federal Reserve will lower interest rates later this year. This expectation stems from growing concerns about the American...
Forecast of NZDUSD Daily time frame chart outlook: On May 3, the NZDUSD shifted its trend direction on the daily time frame chart. Over the next week, the price rose remarkably in favor of buyers. However, the NZDUSD had just begun range zone...
The bounce of the GBP/USD pair from the 1.2820 level yesterday is significant for several reasons. Firstly, this movement suggests that the 1.2820 level might serve as a strong support zone. Support zones are crucial in technical analysis because...
comprehensive view of price action, enabling traders to identify key levels and trends. By leveraging technical indicators and chart patterns, traders can gain valuable insights into potential trading opportunities. On the hourly chart, the linear...
The GBP/USD currency pair experienced a dynamic trading session, marked by a range of movement between the lowest price of 1.2730 and the highest price of 1.2850. This fluctuation within the defined band highlights the diverse market sentiments and...