The USD/CHF currency pair is trading higher near 0.8730 during early European trading on Friday. This upward trend is fueled by renewed demand for the US dollar. Traders are eagerly awaiting the release of US consumer confidence data from Michigan...
T E C H N I C A L _ A N A L Y S I S A U D / U S D Hello. I'll attempt to conduct a quick analysis of the AUD/USD. AUD/USD is trading at 0.6584 at the time of writing. As the AUD/USD pair gains downward momentum, it should continue to decline. It is,...
Bitcoin Technical Analysis and Forecast: Will It Reach $80,000 or Retrace to $74,000? Bitcoin has recently exhibited strong bullish momentum, signaling a potential rally toward the $80,000 level. After a sharp rise to $75,600, Bitcoin tested...
Forecast of Gold The Gold price is currently in a bearish trend on lower time frame charts, but it will soon alter its trend direction on the daily time frame chart as well. Last Wednesday, the Gold price tested the 50 EMA line. The price increased...
T E C H N I C A L _ A N A L Y S I S U S D / C A D Good morning. Our objective is to estimate future USD/CAD price movement today. If we look at this time frame, the buyers pushed the price to the 1.3955 level, after which the bears took the...