USDCHF currency pair - let’s look at the D1 period chart again. The wave structure on this senior period shows an upward trend. The MACD indicator also continues to stay in the upper purchase zone. The first trading day of February turned out to be...
General Points about EURUSD: To understand this market, we should take help from a larger time frame. Analyzing broader trends allows better decision-making and provides clarity on price movements. Firstly, EUR news events were highly negative,...
EUR/USD Price Recap Current Market Situation The H1 chart for EUR/USD is currently displaying an interesting scenario. The price is trading between a support level at 1.0310 and a resistance level at 1.0380, indicating that the market may be...
XAU/USD Good Morning guys! The market of XAU/USD will drop sharply down and cross the 2842 zone later, as it currently lacks a completed correction process. This recent price movement suggests that gold is bouncing up prematurely, failing to...
Technical analysis of the EURUSD pair The technical analysis of the pair on the 4-hour chart shows that the price is trading in a sell zone as the price is now targeting to break the rising red channel, which represents the general trend during the...
