Crude Oil price is trading below $68.00 on Monday, ticking up slightly following the escalation in the war between Russia and Ukraine over the weekend. Russia launched a large air strike to hit Ukraine’s power grid, while US President Joe Biden’s...
NZD/USD started the trading week with losses. In the European session, the NZD/USD pair is trading at 0.5837, down 0.50% on the day. This is the New Zealand dollar's lowest level since November 2023. New Zealand services PMI stuck in contraction...
Forecast of Gold On the H4 time frame chart, the price of Gold crossed the 26 EMA line to the upside and is about to challenge the 50 EMA line. On the H1 time frame chart, the price of Gold is operating above the moving average lines, which explains...
General Points of GBPUSD: So far, due to the control of sellers in the GBPUSD market, we can note a bearish outlook. The price is currently at the 1.2620 level, and sellers remain strong, maintaining downward pressure on the market. The ongoing...
General Points of USDCHF: At the moment, we can see the USDCHF market trading around the 0.8870 level, a significant point that highlights the current situation in the forex market. This level suggests a growing presence of sellers, indicating a...
