The US dollar has been strengthening after the NFP data report and positive US unemployment rate. The gold price, which almost reached the psychological level of $2,700, has fallen to $2,656. However, it is still far from the $2,600 psychological...
T E C H N I C A L _ A N A L Y S I S U S D / C A D I would explain recent price movements in the USD/CAD market. From a technical standpoint, USD/CAD is trading at 1.4358 at the time of writing. In the long term, USD/CAD is bearish now, while at the...
USD/CHF Technical Analysis: As of January 15, 2025, the USD/CHF pair is trading around 0.9169, showing a slight increase from the previous close. The Relative Strength Index (RSI) is at 63.576, which suggests bullish momentum right now. The Moving...
The GBP/USD chart on the H1 timeframe clearly illustrates a prevailing downtrend, marked by consistent lower highs and lower lows, which indicates a dominant bearish market sentiment. Between late November and mid-December, the pair traded within a...
In my opinion, the gold chart on the H1 timeframe reflects a dynamic market with multiple trading opportunities. The price movement within the Bollinger Bands, which expand and contract based on market volatility, provides a strong indication of...
