Analysis of Trades and Trading Recommendations for the Euro A test of the 1.0541 price level occurred when the MACD indicator had just begun to move downward from the zero mark, confirming a valid entry point for selling the euro within the downward...
Gold Price Activity Review Yesterday, gold prices surged, followed by a decline, closing lower. Asia and Europe initially led the rise in stock prices, but the US market open sparked a rally towards the 2605 level. However, the up move was...
The USD CHF pair has the potential to decrease in value because the price was unable to reach the resistance level of 0.8946 and is currently below the pivot point of 0.8848. The price may continue to decrease to reach the support level of 0.8779....
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...
•••EUR/USD Outlook: November 21, 2024••• The EUR/USD pair is trading in a narrow range today, with buy and sell levels near 1.0536 and 1.0533, respectively. The market is showing a cautious tone, as traders await fresh economic data and geopolitical...
