I observe that the current behavior of EURUSD is quite intriguing, and I find it fascinating how the price is resisting a downward correction despite the strong upward momentum it has recently displayed. I think that the market is currently...
USD/CHF As of March 11, 2025, I’m keeping a close watch on USD/CHF as it continues to react to market developments. The pair has been moving within a clear trend, and today’s price action could set the tone for what’s next. Technical Analysis:...
In the analysis of the EUR/JPY currency pair, specifically on the daily (D1) chart, we observe a bearish wave structure. After the most recent downward wave broke the previous low at the beginning of February, we can formally identify the onset of a...
XAUUSD (Gold) Trading Analysis Gold (XAUUSD) is trading at 2916, showing strong bullish momentum as it moves toward key resistance levels. The Relative Strength Index (RSI) is a crucial momentum indicator that helps traders assess whether the market...
Technical Analysis of AUD/USD As of the current analysis, the AUD/USD exchange rate stands at 0.6278, indicating a bearish trend in the market. The price is currently positioned below the daily Moving Average, a critical indicator that suggests...