USD/ CHF: The Price Action Summary Today’s main focus will be the release of the US Purchasing Managers’ Index (PMI) data. This report will provide valuable insights into the strength of the US economy, particularly in the manufacturing and...
Despite a disappointing attempt to explode with a bull flag on Wednesday, Gold managed to keep near his trends on Friday. The session was characterized by low volatility and a narrow negotiation range for the third consecutive day. However, Friday's...
The AUD/JPY currency pair continues to face downward pressure, with technical indicators suggesting that a decline between 52 and 76 pips remains the most probable scenario. The pair is struggling to break above the key resistance level of 95.51,...
General Points about USDCAD: The USDCAD market is currently closed at the 1.4219 level. Price action suggests that buyers have been gaining strength, supported by recent economic developments. Yesterday, the US Flash Manufacturing data provided some...
Gold Daily Time Chart Analysis Gold (XAU/USD) is currently trading around $2,936 after showing a slight decline from recent highs and is in a strong uptrend. Continued investor demand, inflation concerns, and geopolitical uncertainty have fueled...