The chart shows a clear pattern of price fluctuation, with the pair moving in a relatively volatile manner. Currently, the price is trading around the 1.4007 level, a psychologically significant price point, as it seems to be acting as a support...
Let’s consider the H4 period chart - the EURUSD currency pair. The wave structure still keeps its downward construction, but there are convincing arguments that the downward trend has broken. Still, the bullish divergence on the MACD indicator used...
Technical Analysis: XAU/USD Gold continues to snake higher on Thursday as markets price in higher probabilities of the Fed cutting interest rates in December. A softening of Trump’s rhetoric on tariffs is a possible factor in the falling interest...
•••NZD/USD Today: Navigating Tight Margins November 28,2024••• The NZD/USD pair trades narrowly today, with buy levels at 0.5887 and sell levels at 0.5884, reflecting market indecision. This tight range highlights the interplay of broader...
Good afternoon Urve, how are you today? Hopefully you are getting healthier and the profit this week is getting bigger. In terms of the trend from the major timeframe chart for the USDCHF currency pair, it is still in the bullish phase, so from...
