I start my analysis this morning by reviewing my current trading plan for XAUUSD, and I confirm that I already have two limit buy orders placed in the market. I have positioned my first buying zone between 4931 and 4937 because I believe this area...
In the world of Forex trading, traders use different technical tools to analyze market trends and predict price movements. One of the most widely used indicators is the Moving Average (MA). A moving average helps traders smooth out price...
AUDUSD M30 chart shows a detailed price action with moving averages, volume, and RSI indicators. Here’s a concise technical analysis covering volume, RSI, support resistance, moving averages, and an entry level suggestion: Volume Analysis -...
On the fundamental front, golds recovery was primarily catalyzed by weaker-than-expected U.S. economic data that temporarily undermined the dollar and Treasury yields. The February Nonfarm Payrolls report revealed an increase of only 92,000 jobs, a...
I am analyzing the behavior of the AUD/USD pair and I currently observe that the Australian dollar is showing relative strength against the US Dollar on the daily timeframe. I notice that even during the previous corrective phase of the dollar...
