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...
PAIR REVIEW EURNZD Hello! My observation of the EURNZD chart today attempts to continue the upward direction. This is a breakdown of the Maximum - 1.846, but the impulse was bought out. Now the price shows a squeeze to Support - 1.846, if longs...
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...
T E C H N I C A L _ A N A L Y S I S A U D / U S D Hello. Today I have decided to do a technical analysis of AUD/USD. AUD/USD is trading at 0.6251 at the time of writing. Currently, AUD/USD is in a bearish direction but this direction can't be said...
