Tag Archives: fomc minutes

GBP/USD Technical Analysis The GBP/USD pair is staging limited recovery attempts across its intraday price action, seeking to claw back a portion of the losses sustained during the previous trading session. Technical Outlook – 4-Hour Timeframe: Within the intraday landscape, the simple moving averages continue to function as dynamic resistance, …

Gold (XAU/USD) Technical Analysis Gold prices (XAU/USD) exhibited significant volatility during the previous trading session, climbing to an intraday high of $4,727 amid choppy price action. Technical Outlook – 4-Hour Timeframe: On the short-term horizon, the price continues to draw support from the simple moving averages, which are reinforcing the …

USD/CAD Technical Analysis The USD/CAD pair is consolidating sideways within a narrow trading range, displaying a modestly upward bias after registering an intraday high of 1.3642 during the previous session. Technical Outlook – 4-Hour Timeframe On the short-term horizon, the pair has successfully established a foothold above the 1.3590 support …

GBP/USD Technical Analysis The GBP/USD pair managed to register modest gains during the previous trading session after successfully securing support at the 1.3540 level. Technical Outlook – 4-Hour Timeframe: With respect to intraday dynamics, the simple moving averages have resumed their role as dynamic support beneath the price, reinforcing the …

Gold (XAU/USD) Technical Analysis Gold prices (XAU/USD) have launched an assault on the psychological $4,700 resistance after several sessions of sideways consolidation, climbing to an intraday high of $4,723 — a development that underscores a clear improvement in buying momentum across the metal. Technical Outlook – 4-Hour Timeframe: On the …

USD/CAD Technical Analysis Positive price action is attempting to reassert control over the USD/CAD pair following several consecutive sessions of decline, with today’s trading kicking off on a modestly bullish footing. Technical Outlook – 4-Hour Timeframe On the short-term horizon, the pair has successfully established a foothold above the 1.3590 …

The downtrend has returned to dominate the GBP/USD pair, after the price began testing the 1.3550 support level, which we previously identified as a pivotal level that could push the price towards 1.3500. This was partially achieved with the price reaching a low of 1.3515. Technical Outlook – 4-Hour Timeframe: …

Gold (XAU/USD) Technical Analysis Gold prices (XAU/USD) successfully achieved the downside target of $4,560 outlined in our previous report, extending the decline to an intraday low of $4,501 amid pronounced selling pressure across the metal. Technical Outlook – 4-Hour Timeframe: On the short-term horizon, selling pressure remains firmly in command, …

The USD/CAD pair has retreated significantly after failing to establish a foothold above the psychological resistance at 1.3600, which imposed clear downward pressure and steered the pair into a renewed downtrend. Technical Outlook – 4-Hour Timeframe On the short-term horizon, the simple moving averages continue to weigh on the price, …

The GBP/USD pair has successfully reversed its prior bearish trajectory, breaching the 1.3500 resistance ceiling and advancing toward 1.3560 — a development that signals a clear improvement in buying momentum and a shift in market sentiment. Technical Outlook – 4-Hour Timeframe: On the short-term horizon, the simple moving averages have …