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...
US West Texas Intermediate (WTI) crude oil prices experienced a slight decline, ending a three-day winning streak and reaching their highest level since October 8th. While prices dipped to around $77.00 per barrel in early European trading, several...
The EUR/NZD currency pair displays a nuanced technical and fundamental setup, providing traders with opportunities to navigate its fluctuations. The current pivot point at 1.8448 serves as a crucial marker, acting as a dividing line between bullish...
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...
The EUR/NZD currency pair analysis reflects a clear bearish outlook supported by both technical indicators and price positioning. The pivot point at 1.8448 is pivotal, marking a decisive threshold for price movement. Current price action suggests...