Forecast of Gold On the H4 time frame chart, the price of Gold crossed the 26 EMA line to the upside and is about to challenge the 50 EMA line. On the H1 time frame chart, the price of Gold is operating above the moving average lines, which explains...
•••USD/CHF Analysis: November 18, 2024••• The USD/CHF pair has been trading in a narrow range, reflecting a balance between dollar strength and Swiss Franc resilience. With the current buy price at 0.8871 and sell price at 0.8868, traders are...
Trade Strategies Forex (foreign exchange) trading strategies are crucial for navigating the volatile currency market. Below are some commonly used strategies, categorized by their time horizon and style: Short-Term Trading Strategies Scalping...
EUR/USD Today, EUR/USD is moving in a tight range around 1.0900. On the daily chart, I’ve noticed strong resistance near 1.0950, which aligns with the 100-day moving average, while support holds steady at 1.0850, close to the 200-day moving...
Analyzing EUR/USD Price Movements and Market Outlook The EUR/USD pair recently experienced a sharp decline, hitting its lowest level since 2022. Following this drop, the pair saw a modest rebound, trading near 1.0580 on Friday. However, despite this...