Gold Technical Analysis Gold prices are in an uptrend, supported by the bullish market structure and trend. On the 30-minute chart, gold trades near the 50-day Simple Moving Average (SMA), indicating a potential support area of around $2,700. This...
USDCHF TECHNICAL ANALYSIS Today we need to consider some trading signals on which to base our decisions. We saw that yesterday's price pressure was quite strong and managed to reach the estimated target. Currently, our focus is on the USDCHF...
A Closer Look at EUR/USD Prices Our conversation concerns decoding the live EUR/ USD currency pair's pricing. As we approach the end of the trading week this Friday, the EUR/USD pair on the H1 chart exhibits signs of increased market indecision....
EU has to adjust to soaring gas prices Europe has to deal with a grueling challenge. In early January, gas prices in the EU are still skyrocketing. Natural gas prices in the EU remain elevated, standing at $500 per 1,000 cubic meters, which is 50%...
USD/JPY Technical Analysis The USD/JPY currency pair has recently been on a downward trajectory characterized by lower lows in one 1-hour. This pattern indicates a bearish market structure. The pair trades below the 200-day Simple Moving Average...
