Gold Technical Outlook: Today, I will discuss the current assessment of the gold price. While we were focusing on selling, we saw a sudden upswing today, bringing the price back to its previous price range. However, buying activity stalled after...
Based on the provided data, we are analyzing a single 4-hour (H4) candlestick for USDCHF with the following details: Open=0.7747, High=0.7748, Low=0.7733, Close=0.7737. This forms a bearish candle with a very small body but a notable feature: a long...
Gold Price Forecast: The XAU/USD (gold/US dollar exchange rate) is currently trading at 5031.65. Looking at the current price movement, the price is in a significant downtrend. If this downtrend continues today, the price could fall to the next...
The chart you provided is a 15‑minute EUR/USD candlestick chart with several technical elements visible: price action, moving averages (yellow, blue, purple lines), volume, and an implied RSI (Relative Strength Index) reference in the question....
USDJPY Scalping Analysis: My topic for todays USD/JPY price analysis is this. Globally, price movements are showing strong buying pressure, particularly the failure of sellers to break above the bullish level of 156.353. While the price has not yet...