GBPCHF Wave Analysis

EURUSD dived beneath medium-term uptrend line Remains well below 200-day SMA Momentum oscillators extend bearish bias EURUSD tumbled beneath the medium-term ascending trend line, meeting a fresh almost three-month low below the 1.0800 round number. The pair lost 3.8% from the pullback at the 1.1215 resistance level, with the technical oscillators extending their negative momentum. […]

NZDUSD declines sharply within descending channel Drops below both 50- and 200-day SMAs to a 4-month low Oscillators remain deep in their negative territories NZDUSD has been in an aggressive downtrend since its double rejection at the 0.6217 level in early March. Despite dropping to a fresh four-month bottom this week, the pair seems to be finding its footing […]

Gold price rallied above $2,180 before correcting lower. Crude oil price is rising and it could climb further higher toward the $82 resistance. Important Takeaways for Gold and Oil Prices Analysis Today Gold price failed to clear the $2,200 resistance and corrected lower against the US Dollar. A key bearish trend line is forming with […]