Technical Analysis of XAUUSD The XAUUSD pair closed today’s trading session at 2984, reflecting a relatively stable market environment. The price action remained confined within a narrow range, with resistance observed at 2989 and support holding...
EURCHF Daily Outlook The EUR/CHF currency pair is showing strong bullish momentum, as evidenced by the recent price action, which saw significant price increases and broke key resistance levels. The Fibonacci retracement tool shown on the chart...
EUR/GBP continues its recovery after two consecutive losing sessions, trading around 0.8380 in early European hours. The currency pair gains traction following the United Kingdom’s (UK) Gross Domestic Product (GDP) report, which revealed a...
Moving averages play a crucial role in the slow stochastic oscillator, as they smooth out price data to provide clearer signals. By applying moving averages, traders can better identify trend direction and strength. When the %K or %D lines exceed...
Good morning. Although sellers have started to form a downward correction for the Euro, so far this is limited to a 100-point move, not much for growth below 600 points. There is no particularly strong economic data on the calendar today, perhaps...
