EUR/USD Technical Analysis The price is currently trading in a buy zone on the 4-hour chart, as it opened the week within ascending price channels, representing the price movement over the past two weeks. The price has oscillated between ascending...
Daily Chart Update: With the beginning of a new trading month, the daily chart shows the price trading within downward price channels, reflecting the price movement over the past two months. During this period, the price alternated between upward...
Analyzing the current behavior of Gold, we find ourselves at a critical juncture where price action is pivotal. If Gold continues its upward trajectory and manages to break through the cyclical high of $2,386, it sets the stage to test the next...
This factor played a key role last week, but after the release of U.S. data indicating a decrease in producer prices, the market is now anticipating two Fed rate cuts this year, the first of which is expected in September. Therefore, the factor of...
The USD/CHF currency pair has been exhibiting notable behavior on the daily (D1) timeframe chart, particularly in a key selling zone that has formed at the 0.8923 level. This zone has gained significance in recent trading sessions due to its role in...