EUR/USD Good morning everyone! This week has been fortunate for those buying EUR/USD, as they successfully moved past the 1. 1260 area. Throughout this week, the USD has been steadily depreciating. Events like the FOMC meetings and the releases of...
The USD/CHF currency pair experienced a notable decline, dropping to approximately 0.8530 during early European trading on Thursday. This downward trend is primarily attributed to the escalating trade tensions between the United States and China,...
I see the breakout above the 1.1200 level as a significant development for EUR/USD, especially since this price marks the 61.8% Fibonacci retracement level—a key point that often signals strong continuation potential. I recognize that this level...
Gold Market Update: 4-Hour Chart Analysis The recent performance of Gold (XAU/USD) has been impressive, with the price climbing to $3,237.93, reflecting a gain of 1.97%. The chart highlights a strong bullish trend, supported by key technical...
Brent crude oil prices experienced a brief surge of approximately 1% during Asian trading hours, only to succumb to renewed downward pressure following the European market opening. This initial rebound from near four-year lows was fueled by...
