Lauraa_Trading24h

Lauraa_Trading24h Updated 

As of the final trading hours this Friday, GBP/USD is attempting a recovery, testing the 1.2400 level as a slight pullback in the US Dollar provides some breathing room. This comes after the pair lost over 1% in early New Year trading on Thursday. All eyes remain on the US ISM PMI data and Fedspeak for further direction. However, this short-term recovery is...

Lauraa_Trading24h Updated 

Currently, EUR/USD continues its sharp decline, opening the 2025 trading season by hitting 1.0250—its lowest level since November 2022, marking a 26-month low. According to assessments, the European Central Bank (ECB) is on track for steady rate cuts through 2025. ECB’s Stournaras suggests that the rate could land somewhere around 2% by the end of this...

Lauraa_Trading24h Updated 

Gold (XAUUSD) has shown signs of recovery, currently trading around $2,658, after successfully testing the EMA levels and rebounding from the lower boundary of the ascending wedge pattern. Recent price action on the 1D timeframe highlights a potential triple-top pattern near the $2,720 resistance zone, which has repeatedly rejected bullish momentum. However, the...

Lauraa_Trading24h Updated 

Hello everyone, let’s continue planning our strategy with XAUUSD today! Currently, gold is showing a slight recovery on the short-term analysis chart, trading around the resistance level of $2,634 USD, with a few key highlights to note: Trend Analysis: The price is moving above the EMA 34 and EMA 89, with the EMAs reversing direction, signaling a bullish...

Lauraa_Trading24h

The GBPUSD pair is currently trading around 1.2530 and continues to maintain its bearish trajectory within the downward channel on the daily chart. Price action shows consistent rejection from the previous support zone (now acting as resistance) in the 1.2650 - 1.2780 region. With the trendline and moving averages EMA 34 and EMA 89 acting as dynamic resistance,...

Lauraa_Trading24h

Hello everyone, EUR/USD continues to maintain its bearish stance today, hovering around the 1.0350 area during Thursday’s trading hours. The pair has found some footing amid a sharp decline in the US dollar, but its upward momentum remains limited by the bearish trend confined within a wedge pattern and a descending trendline. The major outlook still leans...

Lauraa_Trading24h Updated 

Hello traders, let’s dive into today’s gold market together! Currently, gold is trading around $2,606 USD, down by over $10.7 USD compared to early yesterday. Gold prices have slightly declined at the start of the week as investors await key U.S. economic data in the coming week and assess the potential impact of President-elect Donald Trump’s return to power on...