Technical analysis of XAUUSD Today I chose gold for technical analysis, and the market price is currently on a downtrend line, helping the price fall. The market price is descending, and the market price is currently at the 2904 support level. With...
EUR/USD Hello, colleague! Well, since we agree with each other, it means that EUR/USD has only one way - to go up. So, what I can see from the indicator readings on the daily chart using the indicator technique: MA100 is pulling down at a modest...
The EUR/USD currency pair experienced a notable upward trajectory on Tuesday, achieving a half-percent gain and breaching the 1.0500 threshold. This surge marked the eighth consecutive day the pair confronted significant technical barriers,...
The Swiss Franc (CHF) weakened significantly after the Swiss National Bank (SNB) delivered an unexpected 50 basis point rate cut last week, exceeding forecasts for a smaller reduction. The move aimed to counter subdued inflation, but it pressured...
On Monday, I observed that the day began with some upward movement, indicating initial growth. However, the price soon dropped to the support level of 188.306, where it stabilized. Throughout Monday and Tuesday, I noticed that the price continued to...
