Gold prices showed resistance despite last Monday's drop to a five-day low and retested resistance near the descending trendline on Tuesday. It was the fourth consecutive day of testing at this level since last Thursday. At the time of writing, it...
TRADING CHART ON USD CHF D1. This chart of the USD/CHF currency pair reveals a comprehensive story of price movement, long-term trends, and potential opportunities. The chart illustrates a prolonged downtrend from mid-2022 to mid-2023, driven by...
The EUR/USD H4 chart shows a clear and ongoing downtrend over the past several months, with the price consistently staying below the 200-period moving average (red line). After peaking around 1.12630, the pair began to decline, marked by lower highs...
Oil extends gains, strengthens bullish momentum Oil continued its upward momentum on Tuesday, hitting an intraday high of $72.27. The move reinforced the strength demonstrated during Monday's breakout from the small bull pattern. A break of the...
EUR/USD EUR/USD finished the past year beautifully - crashed into the middle of the third figure. So what now: what will we celebrate the new 2025 with? Let's look at the readings of the daily chart using the wave technique: MA100 is working...
