The second critical question concerns Iran's nuclear energy, and the situation here is somewhat different
The second critical question concerns Iran's nuclear energy, and the situation here is somewhat different
The first official round of negotiations between Tehran and Washington took place last Saturday
After a strong bullish initiative during the American session, the instrument has halted at two breakpoints, from which it is possible to profit in either direction, according to the following scheme.
The AUD/USD pair has reached a multi-year high, reacting positively to Australia's labor market data and a report on China's economic growth.
The risks of a pullback for EUR/USD are increasing as a significant portion of the positive factors have already been priced in.
The EUR/USD pair once again showed minimal price movement on Thursday amid a lack of significant events and news.
Bullish traders have received a strong impulse.
Bullish traders have taken a pause, as they are uncertain about the prospects for continued peace.
If the euro finds solid support above the 21 SMA at 1.1778, this area could present a buying opportunity with targets at the 5/8 Murray level around 1.1840.
A technical rebound in gold above the 200 EMA, the 21 SMA, and the lower band of the uptrend channel—which converge around $4,778—could be a good entry point for long positions with targets at $5,000.