GBP/USD steadies near 1.3540 as the US Dollar struggles under global pressure The British Pound (GBP) bounces back at the start of the week, advancing against the US Dollar (USD) on Monday and trimming last week’s losses. The GBP/USD pair is rebounding modestly as investors pare back US Dollar holdings amid lingering uncertainty over the global economic outlook. Read More……
2025.06.02 2025.06.02 Short-Term Analysis for Oil, Gold, and EURUSD for 02.06.2025 Alex Rodiоnovhttps://www.litefinance.org/blog/authors/alex-rodionov/ I welcome my fellow traders! I have made a price forecast for the USCrude, XAUUSD, and EURUSD using a combination of margin zones methodology and technical analysis. Based on the market analysis, I suggest entry signals for intraday traders. Gold is rising after hitting the short-term…
Last week’s RBNZ “hawkish cut” jolted the kiwi out of its slumber and push NZD/USD from the watchlist to a potential opportunity to investigate further. But the surprise didn’t end there—tariff–court drama in the U.S. and a nasty slide in New Zealand business confidence quickly turned the pair into a roller-coaster worth using for trade management case studies. …
AUD technicals The AUDUSD is sharply higher today, up 0.84% on the session, and making a decisive break away from a significant technical confluence of moving averages. The rally has propelled the pair above: That tight MA cluster had previously acted as a magnet for price and a ceiling during consolidation last week, but today’s move marks a clear…
XAU/USD climbs as Russia-Ukraine conflict revs up and Trump revives tariff threats. Rising US-China trade tensions spark risk-off flight to Gold. Trump hikes steel tariffs to 50% starting June 4, adding to global market jitters. Fed’s Waller leaves door open for rate cuts; ISM Manufacturing PMI shows mixed signals ahead of NFP. Gold prices rallied sharply on Monday, reaching…
2025.06.02 2025.06.02 Best Continuation Candlestick Patterns: Bullish and Bearish Examples Alan Tsagaraevhttps://www.litefinance.org/blog/authors/alan-tsagaraev/ In the world of trading, where even a minor change in an asset’s value represents an opportunity to generate substantial profits, candlestick patterns play a pivotal role. Candlestick continuation patterns indicate that the existing trend is likely to continue. By mastering these candlestick patterns, traders can enter…
Forex market conditions have been pretty fickle these days so it’s important to learn how to adapt. However, this doesn’t mean abandoning your old forex trading plans altogether. Make sure you take a closer look at the reasons why you’re thinking of trying a new approach, and if it’s one of the four factors listed below, you should probably take…
Prior month 45.3 Canada may manufacturing PMI 46.1 This article was written by Greg Michalowski at www.forexlive.com.
