The GBP/USD pair extended its decline within the bearish trend anticipated in the previous report, reaching a low of 1.3315 as selling pressure continued to dominate market sentiment. Technical Overview Relative Strength Index (RSI): The indicator continues to issue negative signals despite approaching oversold levels, confirming the strength and persistence …
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Gold prices continue to post sharp consecutive gains, extending the strong bullish trend and marking a new record high at $4,180 per ounce at the time of writing. The move is supported by increased demand for safe-haven assets amid persistent market uncertainty. Technical Overview The price has successfully stabilized above …
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The USD/CAD pair extended its gradual upward movement, successfully breaching the key psychological resistance at 1.4000, reaching the target level of 1.4020 and marking an intraday high at 1.4034. Technical Overview The Relative Strength Index (RSI) continues to issue short-term positive signals, supporting the prevailing bullish momentum. Meanwhile, the pair …
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The GBP/USD pair extended its sharp decline within the bearish framework highlighted in the previous report, breaking below the projected downside target at 1.3320 and recording a new low near 1.3280. Technical Overview Relative Strength Index (RSI): Despite entering oversold territory, the indicator continues to send negative signals, reflecting persistent …
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Gold prices retreated after reaching a new all-time high near $4,058 per ounce, as profit-taking prompted a pullback that pushed the metal to stabilize below the $4,000 psychological barrier. Technical Overview The metal found short-term support around $3,945, allowing a mild rebound toward $3,975. The simple moving averages continue to …
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The USD/CAD pair extended its upward movement for a second consecutive session, maintaining positive momentum in line with the previously expected bullish outlook. The pair continues to benefit from sustained demand for the US dollar and firm technical support. Technical Outlook – 4-Hour Timeframe: The Relative Strength Index (RSI) continues …
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The GBP/USD pair extended its bearish movement in line with the previously expected outlook, successfully reaching the official downside target at 1.3390 amid sustained selling pressure and a firm strengthening of the US dollar. Technical Outlook – 4-Hour Timeframe: The Relative Strength Index (RSI) continues to generate negative signals despite …
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Gold (XAU/USD) continues to advance strongly, setting fresh all-time highs and reinforcing the prevailing bullish momentum. The metal reached a new record of $4,030 per ounce at the time of writing, driven by sustained buying activity and investor demand for safe-haven assets amid global uncertainty. Technical Outlook – 4-Hour Timeframe: …
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The USD/CAD pair continues to show gradual upward movement, maintaining its recent bullish tone as technical indicators remain supportive of a continuation in the prevailing trend. Technical Outlook – 4-hour timeframe: The Relative Strength Index (RSI) continues to provide positive short-term signals, reflecting steady bullish momentum. Meanwhile, the price remains …
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The GBP/USD pair continues to trade under pressure on the intraday level, moving lower as it approaches the key psychological resistance at 1.3500. Technical Outlook – 4-hour timeframe: The Relative Strength Index (RSI) continues to issue negative signals, reflecting persistent bearish momentum on short-term timeframes. Meanwhile, the 50-day Simple Moving …
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