The given text discusses the consolidation of the EUR AUD currency pair in a daily time frame, where it is confined within an inside bar pattern between the prices of 1.67417 and 1.64882. Additionally, the movement is limited by a symmetrical...
Gold prices retreated on Friday after reaching a swing high of $2,698, encountering resistance following a bullish breakout above the trendline and completion of the 78.6% Fibonacci retracement. Despite Monday's bearish reversal pattern and weak...
USD/JPY Technical Analysis: Today, USD/JPY is trading around 158.00, showing some consolidation at this level. In my view, key support lies at 157.35, while resistance is at 159.75. The bullish channel remains intact, suggesting the potential for...
The global gold market is currently navigating a complex landscape of conflicting pressures. The US dollar's strength, fueled by robust employment data and a hawkish Fed stance, has exerted downward pressure on gold prices. This pressure is further...
USD/CHF Technical Analysis: As of January 15, 2025, the USD/CHF pair is trading around 0.9169, showing a slight increase from the previous close. The Relative Strength Index (RSI) is at 63.576, which suggests bullish momentum right now. The Moving...
