EUR/USD Technical Analysis EUR/USD is currently in a downtrend on the H1 timeframe, with the price trading around 1.07909. The 150-period moving average (MA) is sloping downward, confirming bearish sentiment. The price remains below this MA,...
TRADING CHART ON USD/CHF H1. Here's our daily look at the USDCHF. We're checking out the price changes on the 1-hour chart, mainly looking at supply and demand. The price is near 0.8913. The closest demand area is around 0.8866, with another one...
Market Fundamentals: The recent rally in the US Dollar (USD) has driven it to its highest level since November 2023, putting pressure on major currency pairs, particularly the GBP/USD. The release of the latest employment figures from the UK showed...
Market Fundamentals: China’s central bank decided to keep the one- and five-year Loan Prime Rates (LPRs) unchanged at 3.10% and 3.60%, respectively. This decision has influenced the AUD/USD pair as traders adjust their expectations. On the domestic...
Gold Current Market Overview Gold is trading at 2902, recovering from a daily low of 2896. The market is still bearish, with gold trading below the 100 Exponential Moving Average and 20 Simple Moving Average on the H1 chart. The Relative Strength...
