The EURUSD pair has been quite challenging for me to analyze recently. I did not rule out the possibility of a downward move, and indeed, we saw the pair drop below 1.04, which invalidated all the nearest targets I had in mind. I personally thought...
GBPUSD WEEKLY TECHNICAL ANLAYSIS Technical Analysis: GBP/USD found support near 1.2300, then showed a slight recovery before returning to the 1.2575 mark. Despite these short-term trends, the price is in an overall consolidation phase and is...
Geopolitical tensions in the Middle East have the potential to drive demand for safe-haven currencies, such as the Swiss Franc (CHF). Recent escalations, including Israeli airstrikes across the Gaza Strip and missile attacks from the Houthis, have...
General Points about NZD/USD: The NZD/USD market is currently closed at the 0.5596 level, which serves as an important support zone. This area holds significance as the market may find stability and potentially reverse upward. If buying momentum...
XAU-USD Technical Analysis!!! Looking at the gold chart on the H1 timeframe shows a clear change in market sentiment. Previously, gold price was in a strong bullish trend, where it was constantly printing higher highs and respecting key support...
