Technical Outlook: Gold price Gold price remains on the defensive amid reduced bets for a 50 bps Fed rate cut in November. The USD consolidates last week’s strong gains and also contributes to capping the XAU/USD. Geopolitical risks might continue...
### Analyzing USD/CHF Price Movements: Key Levels and Market Influences The USD/CHF currency pair has exhibited notable volatility recently, particularly around the key levels of 0.8409 and 0.8459. As traders navigate this pair, understanding the...
The MACD (Moving Average Convergence Divergence) is one of my go-to indicators for analyzing market trends and momentum. It’s essentially a tool that helps identify potential buy or sell signals based on the relationship between two moving averages...
NZD/USD Market Forecast Greetings and Good morning to everyone! A sideway market sentiment can be observed in the NZD/USD market. This market had reached around the 0.6157 zone in the last week. Today, the market price can remain in favor of buyers...
Technical analysis USD/JPY D-1 While our expectations for serious dynamics at the start of trading were confirmed (or not?), in my case, I expected USD/JPY to trade with a sustained uptrend higher. Side pull back, but... I didn't finish analyzing...