This week starting from Monday the market is being corrected upwards, but has not been able to touch the 100 period simple moving average line, however, for the monthly trend, the price still appears to be running in the bearish zone. On the EurUsd...
Gold price forecast today: will it return to the $2,300/oz support level? The weakness of strong factors and the continued rise of the US dollar led to a sell-off in gold prices, the impact of which pushed gold prices to the support level of...
### Analysis of the EUR/USD Currency Pair #### Current Situation As of now, the EUR/USD currency pair is trading around the 1.0690 level. The prevailing trend appears to be bearish, indicating a downward movement. This trend suggests that the euro...
What is the Commodity Channel Index (CCI)? The Commodity Channel Index (CCI) is a momentum-based oscillator developed by Donald Lambert in 1980. It is primarily used in technical analysis to identify cyclical trends in the prices of a wide range of...
Analyzing the current state of the EUR/USD pair, it's evident that the exchange rate at 1.0684 reflects ongoing market dynamics. The current bearish trend indicates a decline in the value of the euro relative to the U.S. dollar. This downward...