The US Dollar (USD) weakened against the Swiss Franc (CHF) after disappointing personal consumption expenditures data for May in the US. This data release, along with the lack of significant news from Switzerland, put the spotlight on the US economy...
EUR/ USD Price Movement The present analysis of the EUR/ USD currency pair's price behavior is subject to discussion. The daily interval candlesticks suggest an upward trend, but this appearance is misleading. The EUR/USD pair will resume to fall....
XAU/USD PAIR REVIEW Before the announcement of the US Federal Reserve’s preferred US inflation reading, which will strongly affect the price of the US dollar and thus the price of gold... the price of gold recovered from its sharp losses this week,...
GBP/USD PAIR REVIEW According to recent trading, the price of the pound sterling declined amid a rise in bond yields and a decline in global stock markets as investors fear the return of inflation. According to the platforms of reliable trading...
The rope pattern is a candlestick pattern that could indicate potential volatility in the forex market. Generally, it is below the bottom of the downtrend and indicates that growth may reverse. The shape of the hammer is recognized by its small...