USDCAD Chart Analysis: Among the very little attention to detail I have towards market conditions, the USDCAD currency pair on the daily timeframe presents some key trends worth mentioning. The trend of the candlesticks in this chart presents an...
AUDUSD Price Forecast: In this discussion, we'll carefully analyze the current price action of the AUD/USD currency pair. Let's look at data released yesterday by the University of Michigan. The US five-year Consumer Price Index (CPI) rose 3.0%,...
Gold Market Overview Gold is currently trading around the 4600 level, reflecting a stronger bearish correction compared to the previous sessions. The market has now broken below several short-term support zones, indicating that selling pressure is...
Gold On Tuesday, gold hit a 17-day low of $4,555, setting off a new bearish signal with a decline below a higher swing low. This indicates that the precious metal is still under pressure to decline after last week's negative trigger for a rising...
*Technical + Fundamental Analysis: XAUUSDm H4* Current price: 4,601.62. *1. Technical Analysis* *Moving Averages: Bearish alignment, oversold bounce attempt* - *Blue line*: Fast EMA, likely 9 or 20 period. Sloping down hard at ∼4,630. Price is...
