Initially, gold saw a descent from its recent high around the $2,311 mark, subsequently slipping beneath the April 12 peak of $2,431. This downward trend coincided with a resurgence of the Greenback, which reclaimed some lost ground. During this...
Gold prices struggled for traction on Tuesday, following a recent dip to record lows. In a session marked by a lack of significant economic data, the precious metal's upside potential appeared limited. Despite this, various factors continue to...
Good morning. the Pound; the exit from a small sideways trend has indeed formed downward. But yesterday, sellers were unable to maintain their activity from Friday; buyers seized the initiative and began to move the price up. Sellers, in theory,...
EUR/USD Analysis Following the release of nonfarm payroll data on Monday, the US dollar (USD) continued its strong rally, sending the EUR/USD pair into negative territory and falling to a five-week low in the 1.0735-1.0730 range. However, after...
The GBP/USD pair failed to continue the downward movement. There was a weak attempt, but it ended very quickly. This is not visible on the hourly timeframe, but on higher timeframes, a flat trend that started around the last week of May is clearly...