The USDJPY currency pair is displaying a strong bullish trend based on recent technical analysis. One key indicator supporting this view is the 50-period exponential moving average (EMA) being above the 100-period EMA. This is considered a bullish...
What is the Commodity Channel Index (CCI)? The Commodity Channel Index (CCI) is a momentum-based oscillator developed by Donald Lambert in 1980. It is primarily used in technical analysis to identify cyclical trends in the prices of a wide range of...
Good morning. the sellers were not allowed to form an active movement downwards, although the attempt was not bad, and it seemed that we would actively go further down. But in general, buyers have also not yet broken through anything important, in...
Gold market analysis: Fed officials' hawkish voice + rising housing prices have depressed gold to a one-week low On Tuesday (June 25), gold prices fell 0.63%, hitting a one-week low of 2315.58 during the session and closing at $2319.36 per ounce....
USD-CHF/H1 We're looking at the current price trends of the USD/CHF currency pair. Right now, the pair is stable within its trading range, but there's downward pressure. Even though it closed at local lows, there might be an upward movement. The...