The Eur/Chf pair had fallen to a 2.5-year low at 0.9300 but remained above the support line of a nearly year-old descending channel, boosting hopes for a potential recovery. Caution was advised as the RSI and Stochastics had yet to bottom in...
The USD/JPY pair is currently exhibiting a bearish sentiment, suggesting that downward momentum is likely to persist in the short term. The currency pair has been fluctuating within a tight range, facing pressure from both fundamental and technical...
Gold showed a notable brio and crossed the 2640 position on Friday, marking a significant movement for gold dealers. still, the former week was characterized by query and extraordinary volatility, which made it a grueling period for those involved...
The Australian dollar initially saw a modest recovery during the trading week, but then saw a significant decline, reflecting continued volatility in the market. Currently, the currency is hovering around the 200-week EMA, which is a key technical...
EUR/GBP Pair Analysis: Bearish Outlook on Pound Sterling Overview Recent price behavior of the EUR/GBP currency pair suggests a stronger outlook for the Pound Sterling compared to the Euro. The pair has been consolidating around the resistance...