Currency markets continue to consolidate after recent volatility, but no one wants to unload their long dollar positions. Likewise, the threat of an escalation in Ukraine and tomorrow's soft European PMI numbers keep the Euro (EUR/USD) subdued. We...
Technical Analysis Usdchf H1 Time Frame: The USDCHF currency pair is currently trading around 0.8858, with technical indicators on the hourly chart favoring a bullish scenario. Despite the MACD being in the negative zone, there is a possibility of a...
Date: 21th November 2024. Gold Regains Momentum as NVIDIA Delivers a Revenue Surge! For example, traders are able to see the price trading above the Bollinger Band, within a bullish moving average crossover and significantly high on most...
The spot price recently hit a fresh 13-month low, dipping near 1.0900 during last week’s trading session. The price came under pressure after the data for October indicated stronger-than-expected inflation. As of now, the pair trades around the...
Trading using red candlestick patterns involves identifying bearish signals that could indicate a price drop or continuation of a downtrend. A red candlestick typically represents a closing price lower than the opening price, showing selling...
