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The chart provided illustrates the price movements of gold on the H1 timeframe. The analysis below focuses on identifying trends, key support and resistance levels, and the implications of the technical indicators shown. Overview of the Current...
The Spot price gained ground during the Asian session, fueled by recent data contrasting the economic outlooks for the Dollar and the Australian Dollar. The key catalyst for the AUD's rise was speculation that the Federal Reserve (Fed) would not...
The USD CHF currency pair maintained its upward trend, staying above the Kumo cloud area. The price rose, reaching a high of 0.8892 and approaching the psychological level of around 0.8900. Although there was a downward correction in the Kumo cloud...
USD/JPY Technical Analysis: Right now, USD/JPY is trading around 147.50, sitting just above a key support level at 147.00, which lines up with the 50-day moving average. This area seems to be attracting buyers, and the RSI, currently near 40,...
