Gold H1 chart: Gold is currently in a steady uptrend, with its price hovering around 2932. It has tested the 20 SMA on the H1 chart and is moving toward the resistance level 2940. If gold breaks above 2940, it may continue its uptrend and reach a...
Technical Analysis of GBP/USD Current Market Sentiment At this stage, I am not inclined to rush to conclusions regarding the GBP/USD currency pair. It’s essential to analyze the technical aspects before any trend reversal towards the north. For me,...
The USD/ CAD currency brace displayed a period of stability around the 1.4310 price position during Friday's Asian trading session. A specialized analysis of the diurnal map reveals a degree of query among both buyers and merchandisers regarding the...
Analysis of CHFJPY (February 19, 2025) Overview The analysis of the CHFJPY on the H4 chart indicates a bearish trend following a corrective phase and the formation of wave structures that suggest a continuation of the downward trend. This assessment...
USD/CAD Analysis Good Morning to all traders: The Canadian CPI rates will help the sellers to remain stable, as inflation data plays a crucial role in determining the strength of the Canadian dollar. If CPI figures show higher-than-expected...