USD/CHF dipped in recent days, is the trend officially reversed?
There is an evening star chart pattern above the USD/CHF D1 chart trending from bullish to bearish. Today’s opening gap between the […]
Yesterday, the number of jobless claims was higher than expected, and gold rose 1.3%. Today’s trend is still bullish?
Overnight Market Review (2022.5.19) On Wednesday, U.S. retailers reported thunderous results, and poor real estate data added to concerns about an economic […]
EUR/GBP edged higher yesterday, but downtrend still strong?
EUR/GBP D1 chart is attempting to break above overhead resistance. On the one hand the Parabolic Sar indicator appears above the price […]
The gold market was not very volatile yesterday, will gold continue to rise after entering?
Overnight Market Review (2022.5.18) On Tuesday, the strong US retail sales data, the decline in the risk of US recession, the rebound […]
Gold finished higher and fell back yesterday, is there a chance for further decline?
Overnight Market Review (2022.5.17) On Monday, U.S. manufacturing activity fell sharply, recession fears intensified, the dollar fell, and gold and oil prices […]
EUR/USD rose for three consecutive days, regarded as a pullback or trend reversal?
EUR/USD has three white candlesticks on the D1 chart. But the current trend is still in a downtrend. The encounter line of […]
EUR/CAD closed lower yesterday, candle pattern further suggests that the downtrend continues?
EUR/CAD is forming a falling wedge on the D1 chart. But the price has not broken above the wedge at the moment. […]
Gold rebounded after hitting a low yesterday, is there a possibility of a reversal of the downtrend?
Overnight Market Review (2022.5.16) The relief brought by signs of inflation peaking last Friday offset market concerns that the Fed’s tightening policy […]
GBP/NZD above resistance can not be broken, trend further down?
GBP/NZD is in a downtrend on the D1 chart. The price has repeatedly touched the 200MA above but has not managed to […]
Gold touches the key support level below, is there a chance to fall below the 1800 price?
Overnight Market Review (2022.5.13) On Thursday, the market continued to worry that the Fed’s actions to curb inflation would dampen the economy, […]
AUD/CHF has triple tops, but the trend still can’t be reversed?
AUD/CHF D1 chart trend is gradually turning from bullish to bearish. Using the double-line Moving Average method, the 10EMA has passed through […]
U.S. jobless claims are higher than expected, will gold prices rise as a result?
Overnight Market Review (2022.5.12) The CPI released by the US on Wednesday was less than expected, the US dollar fluctuated at a […]