Technical Analysis, Prospects and Forecast for Gold (XAU/USD) Current market situation: Gold is trading around 2687, showing downward pressure after yesterday's losses. The market fell to 2674.60, showing selling momentum. On the hourly chart, the...
The EUR/USD currency pair continued its downward trend during the Asian session on Friday, reaching a three-week low near 1.0455. This decline is primarily attributed to the European Central Bank's (ECB) dovish monetary policy stance and concerns...
GBP / CHF: An Hourly Time Frame Recommendation A bullish scenario is emerging regarding the GBPCHF market sentiment, highlighting a potential upward trajectory. The Swiss Franc is under pressure, influenced by recent news data that has weakened its...
The EUR/USD pair continues to navigate a challenging environment, with recent market activity reinforcing its bearish momentum. Using multiple technical indicators, the pair is showing bearish signals on the daily and weekly time frames, suggesting...
Technical analysis of the EURJPY pair During the previous three days, the price moved below the 160.70 level, which is the highest price the pair reached during this week, as the price faces strong resistance to complete the upward trend that it...
