The EUR/USD currency pair started the week around 1.0830, ending a seven-day winning streak. This decline was caused by renewed demand for US dollars. However, this upward pressure on the dollar might be countered by lower US Treasury bond yields,...
Hello and good morning, At the beginning of this week's trading, the price of gold jumped to the resistance level of $2,338 per ounce before stabilizing around $2,332 per ounce at the time of writing this analysis. This stability came as investors...
The movement towards the July 1st fractal suggests that the 1.2745 region could serve as a temporary target. If the bulls cooperate, the bullish channel should be maintained, supported by the MACD turning away to a new resistance level. The chart...
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EUR/USD The EUR/USD currency pair has formed a sideways channel on the H4 chart, indicating a period of consolidation. If the price fails to cross the local maximum of 1.0769, we may expect a rapid decline from current levels. On the other hand, if...