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GBP/USD currency pair analysis

The pound against the dollar has completed the bearish movement after it breached the support level at the lower end of the channel that appears in the chart. Therefore, the price is approaching its first support level at the level of 1.2040, and the target will be the main support …

EUR/USD currency pair analysis

The EURUSD pair completed the bearish movement and was able to exit the ascending channel within which it was moving. It reached the main support 1.0170, affected by the negativity of the stochastic indicator and the negative pressure of the moving averages on it.

If the price breaks the support …

Gold prices fell after the hawkish Fed announcement

Commodities market

Oil prices fell on Thursday after rising more than $1 in the previous session, as concerns about supply disruptions subsided and markets sought signs of improved fuel demand.

By 0642 GMT, Brent crude futures had fallen 7 cents, or 0.1%, to $97.33 per barrel, while West Texas Intermediate …

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