I observed that the USD/CHF pair was trading below the support level of 0.85559, where there was significant buying volume. At that time, I assumed that the pair would correct upward, absorbing the seller’s volume, and then resume its downward...
XAUUSD technical analysis Gold (XAUUSD) continues to capture the attention of investors as it trades near critical levels, reflecting the ongoing tug-of-war between market forces. Currently, the spot price of gold is hovering around $2,878, with...
Weekly Gold Analysis and Key Insights and Strategy The gold market is highly volatile and is affected by economic and geopolitical instability and central bank policies. Gold rose to 2942 last week but later retreated to 2882. On the daily chart,...
As of February 16, 2025, the British pound (GBP) is trading at approximately $1.259 against the US dollar (USD), reflecting a notable appreciation in recent weeks. This surge is attributed to a combination of robust UK economic indicators and a...
USD/JPY Technical and Fundamental Analysis Technical Analysis On the 1-hour chart, the USD/JPY pair is in a bearish pattern, indicating a downtrend. Both the market structure and the trend suggest that further downtrends are possible, confirming the...
