The pair holds steady after a previous session drop, trading around 1.0570 during Monday's Asian trading hours. As of the latest update, the pair hovers near 1.0561, slightly recovering from its daily low of 1.0529. The recent pause in downward...
EURCHF TECHNICAL ANALYSIS The trend direction still confirms bullish because there is no intersection of the 50 EMA against the 200 SMA downwards. Even so, the two Moving Average lines are still quite far apart. The decline from the range of...
Gold's XAU/USD pair has recently rebounded from its low of $2,536, reaching the $2,616 level amid the weakening of the U.S. dollar index. This upward movement signals a positive shift and places the price at a critical resistance zone. The $2,616...
Gold staged a remarkable rally early Monday morning, climbing 1.35% in early New York trading. This rally follows a sharp recent selloff, suggesting that the current rally could be a natural relief rally. While gold has yet to reach the $2,500 level...
Forecast of Gold On the H4 time frame chart, the price of Gold crossed the 26 EMA line to the upside and is about to challenge the 50 EMA line. On the H1 time frame chart, the price of Gold is operating above the moving average lines, which explains...
