1. Current Market Structure Primary Trend The H1 USDCAD chart shows a clear bullish short-term trend after a sustained ascent from the 1.37395 region. Price is trading near 1.39037, having broken above previous consolidation highs. The RSI(14) at...
Welcome back. Gold Selling Opportunity: The 4-hour (H4) charts for gold (XAU/USD) show a clear selling opportunity for traders, supported by several strong technical signals. After a notable upward trend, the precious metal has experienced a sharp...
XAU/USD Gold's recovery from eight-day lows on Monday fades, and it returns to $4,400 early on Tuesday. Risk aversion brought on both US-Iran tensions and hawkish Fed expectations cause the US dollar to rise substantially. After defending it on...
I’ve been eyeing USDCAD on the daily chart today, and this price action is giving us a classic technical dynamic that immediately captures any serious trader's attention. After grinding continuously downward inside a defined descending channel,...
Technical analysis USD CHF USD/CHF rises as hawkish Fed expectations and higher Treasury yields support the US Dollar. Subdued Swiss inflation reinforces expectations that the SNB will keep interest rates unchanged. Technically, USD/CHF holds above...
