The Australian dollar (AUD) took a tumble against its US counterpart (USD) this past Friday. The decline of 0.30% pushed the exchange rate down to 0.6690. This weakness can be attributed to two main factors: a global increase in risk aversion and a...
### USD/CHF Market Outlook Greetings and Good Morning to all Visitors! The USD/CHF market reached around the 0.8840 zone yesterday, presenting a potential buying opportunity for traders. This zone signifies a critical support level where the price...
Charting the Course: Gold Prices The present discussion pertains to analyzing Gold's price behaviour. Observation of the chart reveals that after numerous attempts by buyers to break the resistance at 2345, the price has reverted to a range below...
GBP/USD currency pair resumed its positive trading, continuing the upward trend that has characterized its recent performance. Although it did not achieve a significant rise by the end of the trading day, the pair managed to avoid any notable...
USD/ CAD: A Road map to Successful Trading I am evaluating the current price action dynamics of the USD/ CAD currency pair. The price has fluctuated sideways for approximately three months, with the bears failing to disrupt the ascending wave...