USD/CHF Price Update The market trend, the USD CHF currency pair appears to be still in a bearish/downtrend condition, but we must also anticipate a trend reversal if the price breaks through the support area above and also price consolidation. If...
GBP/USD Market Outlook Greting and Good Morning guys! The GBP/USD market experienced a sharp drop on Friday, but buyers are now showing signs of recovery, attempting to regain control. As they push to cross the 1.2700 zone in the coming hours, the...
On Monday, January 23, the British pound strengthened against the US dollar, starting with a recovery from its intraday low of 1.2605 to approximately 1.2705. By the end of the day, the GBP/USD pair closed at 1.2690 after recording a high of 1.2870....
Levels to Watch in Gold Price Action One critical task in analyzing recent price action in gold is finding significant levels that traders should watch. The recent high near 2699.37 is considered a vital resistance level. Resistance levels are those...
Gold prices surged over 1.8% at the beginning of the week, surpassing the $2,600 mark after a recent dip to $2,536. This upward trend was primarily driven by escalating tensions in the Russia-Ukraine conflict and a weakening US dollar. The US...
