The USD/CHF pair demonstrated a partial recovery during early European trade on Friday, rebounding to approximately 0.8985. This recovery was primarily driven by a slight strengthening of the US dollar (USD). Market participants are now keenly...
Gold Technical Analysis Daily chart Gold (XAU/USD) regained bullish momentum on Thursday, hitting a new record high above $2,950 before entering a consolidation phase. However, the precious metal posted its eighth straight weekly gain....
TRADING CHART ON USD/JPY H4. Weak US economic news late last week made it harder for USDJPY to increase. The price has mostly dropped since Monday's market opening. The opening price of 152.34 was lower than both 152.78 and the EMA 50. When the...
T E C H N I C A L _ A N A L Y S I S X A U / U S D Currently, XAU/USD is trading roughly at 2935.34. A moderate downward correction is quite possible for this instrument in the first half of the day, but the main scenario is the continuation of the...
GBP/USD: Technical Outlook H-4 Chart The daily chart shows that GBP/USD finally gained acceptance at static resistance in the 1.2640 area on Thursday. The upside breakout also prompted buying to continue picking up above the 100-day simple...
