Gold traded relatively muted on Friday, making an intraday high of 2,581 and a low of 2,554. This range remained in Thursday's price action, signaling a pause after Thursday's test of support. The session ended with a bullish hammer, indicating...
The EUR NOK pair had been consolidating for a considerable period, due to resistance from the EMA 633 H4, which had delayed the downward movement. However, the movement finally began to pick up pace. The EMA 633 H4 crossed at 11.7437, allowing the...
TRADING CHART ON AUD/USD DAILY. The Australian dollar has weakened against the US dollar over the past trading week. The US dollar has become stronger compared to major global currencies. The chart pattern shows a downward trend, with the AO...
•••GBP/USD Analysis for November 16, 2024••• ••Introduction The GBP/USD pair has captured traders' attention today, showcasing a balance between bullish momentum and caution. Trading near 1.2620, the pair's movements reflect a combination of strong...
The USD/CHF pair regained footing after a volatile session following the Federal Reserve's decision to lower borrowing costs by 50 basis points. Despite reaffirming a data-dependent policy stance, Federal Reserve Chair Jerome Powell's comments left...
