CRUDE OIL ANALYSIS 04 July 2024 Observing the price movement of Crude Oil, it seems that it is still dominated by buyers. The price maintained its upward rally even though some were corrected down. The ongoing increase managed to pass the resistance...
Yesterday, after a minor upward pullback, USD/CHF reversed and moved downward, resulting in a bearish candlestick formation. The buyers lack the strength to sustain the upward movement, so I expect a pullback to the nearest support level. Today, I...
Gold prices edged higher to $2,362 on Thursday during early Asian trading hours. The yellow metal saw gains trimmed after the US Personal Consumption Expenditure (PCE) data for April indicated a cooling in price pressures. Nevertheless, the ongoing...
Hello. Yes, buyers of the Euro had a good day yesterday, they were able to gain a foothold behind the local maximum at 1.07775, and now the target for continued growth is 1.08517. To move in its direction, it is necessary to break through and gain a...
"CHF/JPY" The Swiss franc is a reserve currency. Therefore its value surges during times of uncertainty as investors seek safe-haven options. The exchange rate of Swiss Franc is also determined by economic factors such as interest rates, trade...