The British pound took a hit on Tuesday after weak UK employment data triggered a sell-off. The pound (GBP) specifically weakened against the US dollar (USD), with the GBP/USD pair falling below 1.2740 during the London session. This decline stemmed...
Technical analysis of the NZDUSD pair 4-hour chart This week, the pair's price is trading within price channels that support the upward trend, and a price bottom has been formed along with the lower channel lines. As the price approached the weekly...
Gold prices (XAU/USD) have retreated to the $2,420s, primarily influenced by global central bank policymakers' hesitance to commit to lowering interest rates. The precious metal typically underperforms in a high-interest-rate environment, as...
The West Texas Intermediate (WTI) futures, traded on NYMEX, have been on a notable uptrend, inching closer to a weekly high of around $78.28 during the Asian session on Tuesday. This surge marks the third consecutive trading session witnessing an...
Analysis of the Uploaded Chart Chart Description: The uploaded chart appears to depict the price movement of a currency pair, showcasing a clear downtrend. Key features of the chart includeowntrend: The chart shows a consistent downward movement...