Short Term Forex Analysis
USD/CHF Technical Analysis: Downtrend Likely to Continue
The USD/CHF pair has recently shown some interesting price action that suggests a continuation of its downward trend. Let’s break …EUR/USD Technical Analysis: Short-Term Bearish Trend Likely to Continue
On Wednesday, the EUR/USD pair showed interesting price action that could indicate a potential continuation of its recent downtrend. Let’s …USD/JPY Analysis: Yen Gains Ground Amid Dollar Weakness and Suspected Intervention
Recent developments in the USD/JPY pair have caught market participants off guard, with the Japanese yen making significant progress against …GBP/USD Analysis: Recent Surge and Future Outlook
The GBP/USD pair has experienced a significant rally over the past two weeks, reaching a high of 1.3044 last Wednesday, …USD/CHF Technical Analysis: Testing Key Resistance Levels
The USD/CHF pair has shown a strong bounce from 0.8819, reaching as high as 0.8923. This upward movement is now …
Long Term Forex Analysis
US Dollar Breaks Key Support Against Swiss Franc
The USDCHF currency pair has broken below the rising trendline support visible on the daily chart, followed by a breakdown …US Dollar Pullback Tests Key Support Against Swiss Franc
The USDCHF currency pair has broken below the rising trendline support visible on the daily chart and is now testing …US Dollar Breaks Key Support Against Offshore Chinese Yuan
The USDCNH currency pair has broken below the 7.1713 key support level, suggesting that the recent upside move from the …USDCAD: Stuck in a Range, Eyes on 1.3977 and 1.3092
USDCAD has been trapped in a lateral dance between 1.3092 and 1.3977 for months, frustrating traders with its indecisiveness. The …EURUSD: Stuck in Neutral, Awaiting Breakout or Breakdown
EURUSD has been stuck in a holding pattern for months, trapped within a trading range between 1.0447 and 1.1275. The …
Special Focus
Gold Price Analysis: Short-Term Bearish Trend Likely to Continue
Last Friday’s gold price action provided valuable insights into its potential near-term direction. Let’s break down the key levels and …AUD/USD Continues to Rise on Fed Rate Cut Expectations
The Australian dollar (AUD) extended its gains against the US dollar (USD) on Thursday, July 4th, closing 0.3% higher at …ECB Chief Economist Urges Patience on Inflation Data, Hints at No July Rate Cut
Philip Lane, the European Central Bank’s (ECB) Chief Economist, has joined ECB President Christine Lagarde in suggesting that another interest …Euro’s June Performance: Challenges and Outlook
June Overview Throughout June, the EUR/USD pair experienced a downward trend, largely influenced by a strengthening US dollar. The euro …Precious Metals Outlook: Gold and Silver Shine in First Half of 2024
The precious metals market, particularly gold, has been a hot topic in the first half of 2024. Let’s take a …
Daily Forex Reports
Elliott Wave Intraday Analysis: CHFJPY Bouncing Higher from Support Zone
Short Term Elliott Wave view in CHFJPY suggests the decline from 7.11.2024 high unfolded as a zigzag structure. Down from …Elliott Wave Intraday Analysis: Ethereum (ETHUSD) Pullback In Progress
Short Term Elliott Wave View in Ethereum (ETHUSD) suggests the impulse sequence ended at $3562.6 high started from 7.05.2024 low. Below …Elliott Wave Analysis: USDCAD turning upside from sideways
Hello traders, welcome to a new blog post. Today, we will discuss USDCAD as the pair is set to break …Oil (CL) Turning Lower in Elliott Wave Impulsive Structure
Short Term Elliott Wave View in Oil (CL) suggests that cycle from 4.12.2024 high is in progress as a 5 …Token 0x0 Reached The Daily Bullish Turning Point
0x0 is a cryptocurrency project designed to enhance privacy and security featuring a variety of AI-based safety tools. In today’s video bog, we’ll …