The weekly battle for the euro: The movement to the side dominates The Euro showed a week of indecisive trading, oscillating around key levels without committing to a definitive direction. Pivotal to the current position of the euro is the 1.05...
EUR/USD technical analysis A bullish engulfing pattern can be seen on the H1 chart. This pattern is ideal because the bodies and shadows of bullish candles completely close those of previous bearish candles. Based on the H1 chart, oil prices may...
Gold Analysis: Bear Flag Faces Challenges, Reversal Potential Gold attempted to break out of a bearish flag pattern on Friday, falling below both the low of the flag and the 20-day moving average (MA), which coincided in the same price zone....
Gold prices experienced a slight increase of 0.67% in late North American trading on Friday, despite the potential for a less dovish Federal Reserve. The precious metal is currently trading around $2,652, recovering from a daily low of $2,634....
NZD/USD Market Outlook Greetings and Good Morning to everyone! The current market sentiment looks in favor of buyers. Yesterday, the market crossed the 0.5860 zone. Also, the US news events were not too good. So, we can say that the upcoming days...