Gold prices (XAU/USD) stabilized around $2,910 per ounce on Wednesday, pausing after a period of gains observed in the preceding trading session. This temporary lull was attributed to the upward trend in U.S. Treasury yields, which typically exerts...
THE CURRENCY PAIR AUD-USD The price of the Australian reversed and, as expected, was pushed to the north, as a result of which a full bullish candle was formed, which was able to easily consolidate above the maximum of the previous daily range....
On Thursday, the AUD/USD currency pair is trading around 0.6330, where technical analysis of the daily chart indicates that the price is moving upward within a new ascending channel pattern. This pattern suggests a bullish bias. Additionally, the...
Crude Oil Latest Movement Waves Update The movement of oil prices (#CL) on the H4 timeframe shows that wave (v) in wave (1) seems to have reached its endpoint in the area of lowest demand, marking the potential start of a corrective phase....
EURCHF Daily Forecast The EUR/CHF pair showed a strong uptrend and the price broke above the key resistance level to reach 0.96247. A large green candlestick reflects strong buying pressure pushing the price above the upper Bollinger Band. This...
