The provided chart is a 1-hour candlestick chart of Gold Spot (XAU/USD) against the U.S. Dollar on the OANDA trading platform. It showcases price movements, key support and resistance zones, trading signals, and volume activity over a specific...
Technical analysis of USDCHF Today we will be doing a technical analysis of USD/CHF. USD/CHF is a very important currency pair in the foreign exchange market. If we look at the chart on the H1 time frame, the market is currently sitting between...
The GBP/CAD currency pair remains bearish as long as the price continues trading below the critical resistance level at exactly 1.8683 today. The technical indicators suggest further downside potential, with the RSI staying below the neutral fifty...
During Thursday's Asian trading session, the USD/CAD pair experienced a notable rebound, with buyers stepping in around the mid-1.4300s to capitalize on the previous day's losses. This resurgence pushed spot prices towards the 1.4400 level,...
When analyzing the USD/CHF currency pair, it becomes evident that the medium-term outlook is characterized by an upward trend. This is confirmed by the trend indicator displayed below the chart on the H4 timeframe, where the green line is positioned...