The EUR/USD pair entered a phase of consolidation on Monday, initiating the new trading week with a relatively subdued tone as market participants braced themselves for a data-intensive week of US economic releases. Equity markets experienced...
Forecast of Gold Looking at Gold's H4 time frame chart, we can see that the price flew around the moving average lines and had been moving in a range for the previous several trading days. The price of Gold finally dropped sharply a few hours ago,...
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...
I agree with the analysis, and I believe the current market situation presents an interesting opportunity. I think there is a strong support zone between 158.96 and 158.55, which could serve as a key level for potential buying opportunities. If the...
West Texas Intermediate (WTI) crude oil, the U.S. benchmark, experienced persistent selling pressure in early European trading on Monday, hovering around the $66.45 mark. This downward trend was primarily attributed to mounting concerns regarding...
