The Spot price saw a slight upward movement during the early Asian session on Monday, reaching near 1.4270. This move was largely driven by the weakness of the US Dollar (USD) across the board. Investors remain on edge as they await more concrete...
The Swiss Francs has recently found support at the 200-day Simple Moving Average (SMA) around the 0.8820 mark. While the pair could still recover from this level and potentially resume its uptrend, mounting evidence suggests that a reversal might be...
Gold prices are currently in a consolidation phase, driven by a mix of bullish and bearish factors. Following a breakout above $2,665, there’s growing optimism for further gains. However, the next move for the yellow metal will largely depend on key...
EUR/USD Technical Analysis: Methods and Insights 1. Support Resistance Levels Formal: Support and resistance levels are fundamental tools for technical traders. They identify price zones where the market repeatedly reverses or stalls. For EUR/USD:...
The currency pair is set to post its first weekly gain in a month, but the broader market sentiment remains cautious. Despite this short-term recovery, the pair continues to face significant headwinds. Ongoing economic struggles in the Eurozone,...
