USD/CHF Price Forecast Durable Goods Orders in the US declined by 2.2%, or $6.3 billion, in December to $276.1 billion, the US Census Bureau reported on Tuesday. This reading followed a 2% decrease reported in November and came in worse than the...
Forecast of Gold On the H1 time frame chart, the price of Gold was trading below the moving average lines. However, the trend direction changed when the Gold crossed the moving average lines to the upside in the final candle. The Gold's H4 time...
AUD/USD Price Reaction The AUD/USD hourly chart shows a significant uptrend over the past few sessions, with the price currently trading at 0.6291. After hitting a recent high near 0.6340, the pair has entered a corrective phase, indicating a...
The EUR/USD H4 chart exhibits a clear long-term downtrend, as indicated by the persistent price movement below the red moving average, which acts as a dynamic resistance. The market has been making lower highs and lower lows since early September,...
Good evening traders I hope you are all doing good. The market has shown that a simple reversal is unlikely. Technically, the key levels have been tested, and the crowd has been shaken out. We’ve seen growth, but it’s cleverly disguised as part of...