XAU/USD Good Morning guys! The market of XAU/USD will drop sharply down and cross the 2842 zone later, as it currently lacks a completed correction process. This recent price movement suggests that gold is bouncing up prematurely, failing to...
USDCHF currency pair - let’s look at the D1 period chart again. The wave structure on this senior period shows an upward trend. The MACD indicator also continues to stay in the upper purchase zone. The first trading day of February turned out to be...
GBPUSD Analysis GBP/USD is currently trading at 1.23821. The price is consolidating within a range of 1.24150 - 1.23510, indicating indecision in the market. The 150-period moving average (MA) is acting as dynamic support. The RSI (14) stands at...
EUR-USD H1 ANALYSIS CHART Now, directly to our EUR/USD. I can say that the pair was somewhat puzzling with the morning gap to 1.0289; there was a suspicion that last Monday's show would be repeated. But the suspicion remained a suspicion; the pair...
The GBP/USD pair remains under pressure near the 1.2400 level during the early European session on Monday, as the US Dollar maintains its strength amid heightened trade war concerns following President Trump’s latest tariff threats. The pair’s...