The pair is holding firm above the key support level of 0.5900 during Friday’s mid-session, showing resilience amid a weaker Dollar. The USD has extended its correction after dipping below the critical support level of 106.00, reaching a fresh...
Investors are closely monitoring key economic data and central bank statements from both the U.S. and China, as these will likely dictate the next moves for the pair. The market sentiment is currently one of cautious optimism, with the potential for...
Protests have erupted across Israel following the military’s announcement that it had recovered the bodies of six hostages, allegedly killed by Hamas in Gaza. This tragic development has sparked widespread unrest, and Israel’s largest labor group...
USD/CHF Technical Analysis: Right now, the USD/CHF pair seems to be moving sideways. It's trading between key support at 0.8900 and resistance at 0.8950. If it breaks through the resistance, I could see the price pushing towards the 0.9000 level,...
Gold Technical Analysis H4 Chart On the 4-hour time frame, gold is currently in an uptrend. For this analysis, I used the 200-day Simple Moving Average (SMA) and the 50-day Simple Moving Average (SMA). 1. Key Observations: The price of gold is...