Gold H1 chart: The price of gold is trading at 2884 and continuing its downtrend. The resistance level on the H1 chart is 2890, and the support level is 2865. In addition, the RSI at 35 indicates that gold is nearing oversold conditions. The gold...
GBP/CHF Greetings and Good Morning to all traders! Yesterday, the market of GBP/CHF had crossed the 1.1342 zone successfully, indicating strong buying momentum. This breakout suggests that buyers are currently in control, pushing the price higher...
Crude Oil Technical Analysis The USOIL H4 chart reflects a clear bearish trend as prices have been steadily declining since mid-February, staying below the key moving averages, which are sloping downward and acting as dynamic resistance levels. This...
The EUR/USD pair entered a phase of consolidation on Monday, initiating the new trading week with a relatively subdued tone as market participants braced themselves for a data-intensive week of US economic releases. Equity markets experienced...
As I analyze the NZD/USD pair, it appears that the market has been stagnant for weeks, with no significant movements. I believe that the current situation calls for continued analysis and patience, waiting for a breakout from this deadlock....