EURUSD Daily Technical Analysis EUR/USD remains under bearish pressure, trading below the 70-period moving average (MA) on the daily timeframe. The price is currently at $1.03753, indicating weakness as it struggles to gain upside momentum. The RSI...
The USD/CHF H4 chart presents an interesting technical setup with multiple indicators suggesting potential price movements. The current price stands at 0.9028, and the market appears to be in a recovery phase following a prior downtrend. The...
The Canadian Dollar (CAD) has managed to limit its losses thanks to rising oil prices, which provide some support due to Canada’s position as the largest oil exporter to the United States. West Texas Intermediate (WTI) crude has extended its rally...
I consider the signal on Friday to have worked, even though the price did not fully reach the target resistance of 0.90568. I think the consolidation above the broken level and the retest confirmed the validity of the signal. I expect that if the...
ANALYSIS OF GOLD PAIR. The provided chart for GOLD on the H4 timeframe shows a strong uptrend over the past several months, with price making higher highs and higher lows. However, the recent price action suggests a correction as price has...
