The current analysis of gold prices, particularly on the weekly (W1) chart, suggests that we are not at a point where we can anticipate a rise above the critical level of 2930.86. The market dynamics indicate that it is challenging to push higher,...
American consumers have to live on tight budget American consumers have already drastically cut their spending, bracing for even tighter budgets. The latest consumer spending indicator fell to the lowest level in the past four years. The Personal...
USD/CAD Hourly chart: The USD/CAD market has been showing strong bullish momentum today. The price currently trades at 1.43645, a clear sign of upward movement. The market tested the support level of 1.43000 in the first session, and then the price...
Hello. Buyers have given the Pound, of course, a powerful upward surge, apparently trying to get even with sellers, essentially a non-rebound fall of more than 1000 points since September last year. The nearest target is the level of 1.30473, and...
EUR/USD Price Action Analysis The EUR/USD price is currently around 1.08027, with the nearest resistance level at 1.08196 and support at 1.07988. The MACD indicator (12,26,9) shows a positive value (0.004199), which indicates bullish momentum that...