I observed that the pair was trading within a range, and when it approached the minimums at 0.55442, I noticed that the buyer was gaining volume. I assumed that the pair would likely go up, anticipating a trend reversal. I based this assumption on...
GBP/USD: Technical Outlook H-4 Chart The daily chart shows that GBP/USD finally gained acceptance at static resistance in the 1.2640 area on Thursday. The upside breakout also prompted buying to continue picking up above the 100-day simple...
The US dollar is currently in no hurry to strengthen, and I believe this has allowed the Swiss franc, along with other currencies, to capitalize on the situation. I observe that the past trading week concluded near a significant support zone, from...
Gold Technical Analysis Daily chart Gold (XAU/USD) regained bullish momentum on Thursday, hitting a new record high above $2,950 before entering a consolidation phase. However, the precious metal posted its eighth straight weekly gain....
The USD/CHF H4 chart shows a clear uptrend that peaked around the 0.9160 level before retracing towards the current price of 0.8974. The price action demonstrates a strong bullish move that started in mid-September, with higher highs and higher lows...
