EURUSD Analysis The EUR/USD pair recently appeared in an ascending triangle formation, signaling a possible trend change. The pair attempted to move higher, but encountered stiff resistance near the 1.0520 level. As the support line broke below the...
Gold experienced a significant bearish reversal on Thursday, breaking both the 20 -day mobile (MA) mobile at $ 2,893 and a weekly minimum prior to $ 2,853. This marked the first decrease to a lower weekly minimum in eight weeks, indicating that the...
USDCHF DAILY ANALYSIS How are you today, hopefully you are all in good health and of course today's trading plan can run smoothly according to expectations.USDCHF has an interesting setup for our daily trading. Where in yesterday's trading USDCHF...
The New Zealand Dollar (NZD) continued its downward trajectory against the US Dollar (USD) on Friday, extending a decline that began on February 21st and settling around the 0.5600 level during early European trading. This persistent weakness was...
Gold Dips as Dollar Strengthens – What’s Next for XAU/USD(February 28,2025)? Market Sentiment: Caution Takes Over The excitement in gold is cooling off as traders take a more cautious stance. Profit-taking is in play, with some investors cashing in...