Forecast of USDCHF Several technical indicators, particularly the RSI indicator on the daily time frame chart, showed that the USDCHF price has achieved the oversold level. It is currently trading at 25. Because of the oversold condition, the USDCHF...
The EUR/USD currency pair experienced a sustained upward trend, marking its third consecutive day of gains and reaching levels around 1.1080 during the early European trading session on Friday. This bullish movement was primarily attributed to a...
Forecast of Crude Oil The market was closed just above the 61.85 support level, but the bears were prominent at the market closing time. Crude Oil showed an unexpected negative trend over the past week on the daily time frame chart. I've seen that...
Forecast of Gold The price dropped about 690 pips in this single candle on the H4 time frame chart, demonstrating the continued strength of bears. But right now, I'm seeing some price pressure, so it's rising, but it will soon drop again since bears...
ANALYSIS OF GOLD PAIR. On the hourly timeframe (H1) chart of GOLD, the recent price action reveals a dramatic shift in market sentiment following a previously strong bullish trend. Price had steadily ascended from the late February lows, making a...
