I believe gold's technical structure at the close of May suggests a pivotal moment for the precious metal. I observed that the price finished the trading week just below the upper boundary of the large triangle pattern on the daily chart, which...
EUR/USD 1-Hour Chart Analysis The provided EUR/USD 1-hour chart, dated June 1, 2025, shows a descending channel with key price levels and volume activity, indicating potential trading setups. The current price is 1.13478, down 0.17%. Let’s break...
In a significant move that shook financial markets, Moody’s downgraded the U.S. credit rating from Aaa to Aa1, echoing earlier actions by Fitch Ratings in 2023 and Standard Poor’s back in 2011. The downgrade underscores growing concerns over the...
General Points about USDJPY: The speech from the BOJ Governor and the Tokyo CPI rate have not provided any benefit for the JPY. Instead, USDJPY has already broken the 145.45 level, supporting a bullish concept where buyers seem positioned for...
USD/CHF Technical Analysis (H4 Timeframe) Price Action Overview The USD/CHF pair is currently trading at 0.8224, showing slight bullish momentum after opening at 0.8220 and reaching a high of 0.8231. The low of 0.8211 indicates minor support, while...
