The EUR/USD pair started the week with muted price action, maintaining its position near recent multi-month highs around the 1.0830 region. Traders remain cautious as they brace for a week packed with critical US economic data that could shape the...
Gold H1 chart: The price of gold is trading at 2884 and continuing its downtrend. The resistance level on the H1 chart is 2890, and the support level is 2865. In addition, the RSI at 35 indicates that gold is nearing oversold conditions. The gold...
I wish everyone good trading and profitable deals. I encourage traders to remain cautious and disciplined, especially in volatile market conditions. I think that setting clear entry and exit points, as well as managing risk effectively, will be...
The EUR/GBP currency pair demonstrated resilience, maintaining its position around the 0.8290 level during Friday's Asian trading session, following the previous session's upward momentum. This stability reflects a market influenced by ongoing...
In analyzing the USD/CHF pair on the daily chart, I observe that the market initially exhibited an upward trend, which was followed by a period of consolidation within a narrow range. This upward momentum was eventually broken, leading to a shift in...