Forecast of Gold When I specified the technical analysis of Gold yesterday, the price was trading above the 50 EMA line. In that candle, Gold crossed the 50 EMA line, but the price increase was due to a market correction, and the crossing was a trap...
Technical analysis of AUDUSD The AUDUSD pair continues to exhibit a bearish trend, with the current market price trading at 0.6235. The prevailing downward momentum suggests sustained selling pressure, as the pair struggles to reclaim higher ground....
General Points about USDCHF: The Swiss CPI rate showed a negative reading, which initially had an impact on the Swiss franc, but it was the release of several U.S. news events that further hurt the currency. As a result, the USDCHF market has mostly...
The New Zealand dollar (NZD) experienced a decline against the US dollar (USD) in early European trading on Friday, with the NZD/USD pair approaching the 0.5720 level. This downward pressure stems from growing concerns regarding the escalation of...
The USD/CAD currency pair is experiencing persistent selling pressure, marking its fourth consecutive day of decline and currently trading around the 1.4070 level, a 0.15% drop for the day. This downward trend has pushed spot prices towards a...
