Market sentiment for AUD/USD seems to favor buyers as Chairman Powell's speech and the US Consumer Price Index were not favorable for AUD/USD sellers. Therefore, it is necessary to act cautiously depending on the new market sentiment. Overall,...
NZDUSD Daily Time Chart Analysis The NZD/USD pair is currently facing resistance near the medium-term descending trend line. These levels correspond to the 20-day and 50-day simple moving averages (SMAs). This technical barrier acts as a ceiling...
GBP/USD Technical Analysis I analyzed the GBP/USD market using the 4-hour time frame and plotted the key structural levels. The current structure shows that the trend is bullish and suggests that the price could rise further in the coming days....
13 February 2025 USD/CHF drops below 0.9100 as US Dollar depreciates ahead of US PPI data. USD/CHF depreciates approximately 0.50%, trading around 0.9080 during the European hours on Thursday. The decline of the pair could be attributed to weaker US...
Gold Market Analysis Current Market Overview Gold prices continued to rise, closing at 2917 per ounce. The market shows intense volatility, supported by sector indicators and fundamentals affecting the US dollar. On the H1 chart, gold is above the...
