Understanding This Week's Fluctuations in Gold Prices This week, gold prices took a sharp turn lower after a period of relative stability. The bears, representing traders who believe the price will decline, seized control and pushed gold quotes...
T E C H N I C A L _ A N A L Y S I S G B P / U S D My article’s focus today is the GBP/USD market’s current price behavior. The market is currently showing mixed signals, with some indicators suggesting an uptrend while others indicate a downtrend....
Technical factors also play a crucial role in determining the support and resistance levels in currency trading. The 0.61068 support level might have been identified based on historical price action, where previous price movements found support or...
Our discussion focuses on the real-time assessment of the GBP/USD currency pair’s pricing. Today, the GBP/USD pair fell below the local support level of 1.2798 and consolidated beneath it. Currently, bulls are attempting to breach this level from...
We continue to consider the scenario for the USD/JPY currency pair. At the moment, the price is showing a corrective downward movement from the level of 156.10, which now acts as resistance. The asset is trading at historical highs. Over the past 20...