Analyzing the current situation with the euro/dollar and pound/dollar pairs, I observe that the market is in a state of uncertainty, particularly with the euro/dollar trading slightly below its local high of 1.0875. I note that the pair is currently...
GBP/CHF Greetings and Good Morning to all traders! Yesterday, the market of GBP/CHF had crossed the 1.1342 zone successfully, indicating strong buying momentum. This breakout suggests that buyers are currently in control, pushing the price higher...
Gold H1 chart: The price of gold is trading at 2884 and continuing its downtrend. The resistance level on the H1 chart is 2890, and the support level is 2865. In addition, the RSI at 35 indicates that gold is nearing oversold conditions. The gold...
The EUR/USD pair experienced a setback on Monday, failing to sustain its recent upward trajectory and encountering selling pressure around the 1.0900 level. With a relatively sparse economic data calendar in the immediate future, market attention...
I agree with the analysis, and I believe the current market situation presents an interesting opportunity. I think there is a strong support zone between 158.96 and 158.55, which could serve as a key level for potential buying opportunities. If the...
