EUR/USD Market Analysis August 08, 2024 Based on the H4 TF reference, there is a downward condition that is currently entering a correction phase after the previous bullish trend moved above the overbought area at the RSI 70 level. The current...
EUR/USD Technical Analysis and Market Outlook Current Market Conditions Despite the recent downward movement, it appears to be merely a retracement rather than a trend reversal. The prevailing trend remains bullish, and the red rectangle on the...
Technical Analysis of Gold During the last trading week, the price of gold has been steadily growing and managed to reach previous highs in the 2483 area. However, just one step away from reaching this level, the price quickly fell to 2377, losing...
EUR/USD Trading Outlook Hello everyone, Here’s a detailed look at the current situation with the EUR/USD pair: Current Trading Range and Key Levels: Resistance Level: 1.0940 Support Level: 1.0890 Daily Range and Analysis: Our targets for today...
The NZD/USD currency pair has been capturing attention recently, with its value at 0.5997 as of now. The current trend remains bearish, and despite the market moving slowly, there is a belief that significant movements could be on the horizon....