While observing the forex pair on the four-hour chart, I noticed the prevailing downtrend in the British Pound against the American Dollar. My analysis of recent price action and technical indicators suggests continued downward pressure in the short...
Current Trends in the AUD/USD Currency Pair: A Bearish Outlook The AUD/USD currency pair has been trading sideways around the 0.6572 level, with the market dominated by bearish sentiment. This is well supported on the downside by the strong US...
On Friday, USD/CHF traded in favor of sellers as buyers failed to break the resistance level of 0.8609. Technical analysis on the 1 hour chart signals further bearish potential. The decline will continue until Monday, with the bears aiming to push...
Gold Technical Analysis One Day Analysis: If we look at the gold market, the market price is moving downwards in the one-day time frame, and currently, its price is below the 50-day simple moving average. The market has broken the upper structure,...
USDCAD Good afternoon everyone, I hope we are all in good health and ready to continue trading activities today. Currently we have the opportunity to determine several strategic trading positions, of course based on the analysis that we have carried...
