At the weekly open, price action was hovering near the resistance level of 191.01, where the EMA 633 was also crossing on the H1 timeframe. During the Asian session, the price fluctuated between the daily open and the 191.01 resistance level, but...
Fundamental Analysis In anticipation of a new trigger before setting up for the next leg of a directional move, traders are waiting for the gold price (XAU/USD) to continue its sideways consolidative price move inside a range they have been in since...
The EUR/USD pair, currently trading around the 1.1030 level, is showing signs of a bearish trend. This trend has been gradual, with the market moving at a slower pace, possibly due to uncertainties in the global economic landscape. Despite the...
The USD/CHF currency pair is currently trading around the 0.8511 mark, and the overall market trend has been leaning towards the bearish side. This indicates a consistent weakening of the US dollar against the Swiss franc over recent periods. A...
GBP/AUD TECHNICAL ANALYSIS: On the GBP/AUD H1 time frame, the currency pair appears to be losing steam as its bullish momentum shows signs of weakening. While there was an initial push to the upside, the price has been struggling to break above the...