Analysis & Forecast
07.06.2024EURUSD, “Euro vs US Dollar” The EURUSD pair is currently in a consolidation phase around 1.0881, with the range potentially expanding towards 1.0909 today. After reaching this level, the price is expected to decline to 1.0881. A...
10.06.2024EURUSD, “Euro vs US Dollar” The EURUSD pair has completed a correction, reaching 1.0901, and initiated a new decline wave. A consolidation range formed around 1.0826 and, breaking below it, the market today reached the decline w...
05.06.2024EURUSD, “Euro vs US Dollar” The EURUSD pair has completed a downward impulse to 1.0858 and corrected towards 1.0886, with a consolidation range forming below this level today. A downward breakout and a decline towards 1.0845 are...
Forex trading operates within markets that are open 24 hours a day, 5 days a week, in the foreign exchange market. The Forex market is known to be Over The Counter (OTC) market, which means that there’s no single exchange to trade currencies, and t...
From a medium-term perspective, the outlook for gold should be strong. With US rates expected to at least pause this year (and STIR markets anticipating rate cuts), the path for the USD and US yields should be lower for the second half of the year. I...
– Ford reversed from key support level 11.50– Likely to rise to resistance level 12.40Ford recently reversed up from the key support level 11.50 (which has been steadily reversing the price from the start of February) coinciding with...
– NZDUSD reversed from key resistance level 0.6200– Likely to fall to support level 0.6100NZDUSD currency pair recently reversed down from the key resistance level 0.6200 (which has been reversing the price from February).The resistance l...
– Alibaba broke key support level 78.00– Likely to fall to support level 74.00Alibaba Group today opened with the downward gap breaking below the key support level 78.00 (which has been reversing the price from the middle of May).The bre...
– Apple reversed from resistance zone– Likely to fall to support level 205.00Apple recently reversed down from the resistance zone located between the resistance level 215.00 and the resistance trendline of the wide weekly up channel...
– EURCHF broke key support level 0.9565– Likely to fall to support level 0.9450EURCHF recently broke below the key support level 0.9565, which stopped wave B in April, as can be seen from the daily EURCHF chart below.The breakout of ...
