I am analyzing the EUR/USD pair on the daily chart. I observed that the pair was trading within a range when inflation stood at 3.2%, indicating stagnation. I noticed that during this time, the pair moved sideways before breaking out of the range...
Gold Price Action Momentum Let us analyze the current behavior of the price of Gold. Gold has shown strong upward momentum throughout the past week, as evidenced by the ascending trendline on the H4 chart. The price recently tested a key resistance...
The AUDCHF currency pair has remained close to a demand zone at a price of 0.56603 on the daily chart, as it has failed to break through the dynamic resistance of the 50-day moving average (SMA50). If it stays above the demand area with the support...
The USD/JPY currency pair staged a significant rebound on Friday, reversing a two-day losing streak and gaining over 6%. This surge was primarily driven by a broad strengthening of the US dollar across major currency pairs. The pair's decisive break...
•••Bitcoin Price Action Today(January 19,2025)••• • Bitcoin continues to hold attention as it trades around $105,057 on January 19, 2025. With a slight 0.53% uptick from yesterday’s close, the market’s activity hints at key movements to come....
