Levels to Watch in Gold Price Action One critical task in analyzing recent price action in gold is finding significant levels that traders should watch. The recent high near 2699.37 is considered a vital resistance level. Resistance levels are those...
The euro has maintained a relatively stable position against the US dollar, hovering around the 1.0600 level during Tuesday's Asian trading session. While a weaker US dollar has provided some support for the euro, potential downside risks remain as...
Yesterday, we noted that ‘As momentum indicators are turning flat, further sideways trading appears likely, probably in a range of 0.6445/0.6485.’ The subsequent advance that sent AUD to a high of 0.6510 was unexpected. The advance did not result in...
T E C H N I C A L _ A N A L Y S I S U S D / C H F Greetings to all members of the live discussion and welcome to all visitors. I hope all is good. I will cover current market movements in the USD/CHF market. USD/CHF is trading at 0.8837 at the time...
Good Morning, Welcome to my analysis…! In today's gold market, the bears are struggling. After the trading session began, gold's price increased. Initially, the gold price dropped from 2715 to 2750, marking a sharp fall. This swing positions the...
