T E C H N I C A L _ A N A L Y S I S E U R / U S D Good Morning Visitors. Let’s focus on the EUR/USD price action. EUR/USD is trading at 1.0429 at the time of writing. The US dollar index is in positive territory, which indicates that the US currency...
On Friday, I initially expected the sellers of the Euro to push prices down and update the current maximum of 1.03323. However, buyers were able to step in with strong upward momentum, and now the key question is whether the sellers can regroup and...
The CHFSGD currency pair has been rallying for the past four days, after failing to continue its decline towards a nearby demand area. The price has bounced back from a new demand area on the daily time frame, ranging from 1.5115 to 1.5040. This...
TRADING CHART ON USD CAD D1. The USD/CAD chart illustrates a strong bullish trend, with the price currently at 1.43736, nearing a significant resistance level around 1.4450. This resistance aligns with previous highs, making it a critical area to...
The Federal Reserve's expected 25 basis point rate cut at the FOMC meeting led to a sell-off in the gold market, causing the price to fall sharply. Although it briefly dipped below the psychological level of $2,600, the price was able to recover...
