Can Bullish Traders Still Trust the Weeklong Trend?
Traders looking for a sustained move higher may have too much wishful thinking in the near term. The GBP/USD is trading near […]
General Trend is Still Bearish
At the beginning of this week’s trading, investors returned to buying the US dollar again as a safe haven amid the successive […]
Gold Technical Analysis: Gold’s Trend Remains Bearish
The US Dollar gains ended which helped to revive the price of gold. The price of gold is still under downward pressure […]
GBP/USD Technical Analysis: General Trend is Loss
During yesterday’s trading there was a slight, albeit visible, rise in the value of the pound against the euro and dollar after […]
Short-Term Bounce Amid Bearish Trend
Ultimately, the British pound is currently navigating a landscape marked by a short-term potential bounce within an overarching bearish trend. During Tuesday’s […]
Trend Lower Continues to Create Havoc for Bulls
U.S. jobs numbers will be printed this Friday and the Non-Farm Employment Change results, and the Average Hourly Earnings data will be […]
Bearish Trend Faces One Key Hurdle
Bearish view Sell the GBP/USD pair and set a take-profit at 1.2050. Add a stop-loss at 1.2200. Timeline: 1-2 days. Bullish view […]
GBP/USD Technical Analysis: Downward Trend is Strong
According to recent trading, the exchange rate of the pound sterling against the dollar (GBPUSD) could be on its way to stopping […]
Trend Prepares for Strong Loss
Sterling fell to fresh six-month lows against the dollar as the sell-off continued for a 10th week, leaving analysts wondering if there […]
Attempting to Reverse the Trend
At the end of last week’s trading, the XAU/USD gold price succeeded in rebounding upwards with gains extending to the resistance level […]
GBP/USD Technical Analysis: General Trend is Downward
During the trades of the exciting past week the price of the pound sterling against the US dollar GBP/USD dropped strongly due […]
Sees Upward Trend Against the Yen
In sharp contrast, the Federal Reserve is poised to maintain a more restrictive monetary policy for an extended duration. The USD/JPY exhibited […]