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EURGBP stands at the back foot on Monday and retraces more of Thursday’s jump, signaling that near-term correction (off 0.8260 low) might be over. Larger downtrend remains intact, with firmly bearish daily studies (MA’s in full bearish configuration, 14-d momentum moved into negative territory since late Nov) maintaining downside pressure. Immediate targets lay at 0.8267/60 […]

The post EURGBP – Larger Bears Hold Grip and Eye Key 0.8200 Support Zone appeared first on Action Forex.

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AUD/USD at a Critical Support Level

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Gold Outlook: Price Rises on Geopolitics/Fresh Purchases from China

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08/04/2024

XAU/USD: Gold Hits New Record High Above $2,300

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