USD/CHF ANALYSIS 04 JULY 2024 After several days before the USDCHF movement continued to rise, finally starting on Wednesday the USDCHF movement has started to fall. The decline can be said to be quite deep because the currency pair was able to...
XAU/USD PAIR REVIEW Stopping the gains of the US dollar allowed the price of gold to rebound higher with gains that reached the resistance level of $2344 per ounce at the time of writing the analysis, the highest price in two weeks. Its gains were...
USD/JPY PAIR REVIEW The Japanese yen's value losses increased to more than 161.90 against the US dollar, and fell to its lowest levels in 38 years due to the stark differences in interest rates between Japan and the United States of America. The...
EUR/USD D-1 We open the daily chart for the EUR/USD pair and see on it practically the same situation as for the GBP/USD pair on the daily timeframe. Here a sideways price channel in the shape of a wedge was formed. After the EUR/USD pair rebounded...
EUR/USD,H4 However, I expect the markets to remain relatively weak in the coming days for several reasons. Chief among these are Independence Day celebrations in the US. Thursday. Also, Wednesday’s UK parliamentary elections and Friday’s upcoming...