Gold prices are currently on the rise, with a target of reaching $3,000 per ounce. Last week, gold (XAU/USD) settled at $2,936.26, marking a gain of 1.87% and maintaining an upward trend for the eighth consecutive week. The metal reached a new...
Forecast of EURUSD According to the EURUSD daily time frame chart, the EURUSD crossed the 50 EMA line to the upside on January 24. However, this was a trap for purchasers because the EURUSD formed a Doji candle the next day. The bears put pressure...
The EUR/USD H1 chart currently exhibits strong bullish momentum, following a prior period of volatility and a deep retracement. The price is moving near the upper Bollinger Band, indicating increased buying pressure and potential continuation of the...
Analysis of USDCHF from a Technical Perspective Today, I have selected USD/CHF for a technical review. A few days ago, the market price was declining and breached the downward support level. Currently, since the market price has exited from the...
GBP/USD continued its upward momentum on Friday, surpassing the 1.2650 level amid renewed weakness in the US Dollar (USD). The pair's rally was fueled by weaker-than-expected US economic data, notably the drop in the SP Global Services PMI below the...
