Gold prices experienced a slight dip in early Asian trading on Monday, hovering around $2,690 per ounce. This downward pressure stemmed primarily from a strengthening US dollar. However, the precious metal's losses were somewhat mitigated by robust...
I decided to analyze a younger timeframe for the New Zealand dollar pair. I noticed that earlier, after a rebound from the local minimum at 0.5540, the pair moved upward. I observed the formation of an ascending price channel in the shape of a...
The USD/CHF H1 chart presents a well-defined price movement with a clear uptrend transitioning into a consolidation phase. Over the last several sessions, the price has maintained bullish momentum, as evidenced by the steady climb above the red...
The NZD/USD pair is currently navigating a period of consolidation, with the 0.5693 level serving as a critical pivot for near-term price action. Holding above this level supports a bullish outlook, bolstered by the RSI indicator remaining above 50...
The AUD/USD pair continues to face significant downward pressure, reflecting a confluence of bearish technical and fundamental factors. From a technical standpoint, the inability to breach the pivotal resistance level at 0.6550 signals persistent...
