XAG/USD Price Forecast: Technical outlook The US Dollar Index (DXY), which tracks the US Dollar’s performance against six major currencies, is holding on to minor gains on Friday, trading around 106.50. This slight recovery follows disappointing...
General Points about GBPCHF: Yesterday, the GBPCHF market reached the 1.1388 level, which is a resistance level. This indicates the strength of buyers, as they were able to push the price toward this key area. A resistance level often acts as a...
Crude Oil: Key Patterns and Signals The current topic of discussion is the analysis of Crude Oil price behavior. I have slightly revised the H4 time chart, on which a wide sideways price channel with a downward slope is emerging. Already now a...
The NZD/USD currency pair is currently trading at 0.5736 in the H1 timeframe, reflecting a period of moderate volatility. The price action over the past few weeks has shown a transition from a consolidative phase into an upward breakout. The...
Current Market Situation of EUR/USD The EUR/USD currency pair is presenting an interesting scenario on the H1 chart. The price is currently trading between a support level of 1.0310 and a resistance level of 1.0380. This price action indicates that...
