GBP/AUD 1-hour chart analysis Chart Overview The chart shows a clear *resistance* zone near 2.00800 (the upper yellow line) and a *key level* around 2.00300 (the lower yellow line). Price bounced off the key level and smashed through the...
EURCAD Daily Technical Analysis The technical analysis of EURCAD indicates that the market is in a phase of transitioning out of a prolonged bearish market and shifting to corrective recovery, where the price currently tests out key levels of the...
Gold Trading Setup: Let's examine the current gold price movement. Gold is trading sideways near the support levels of 4467.23 to 4477.23. As selling pressure fails to break above these levels, a strong uptrend is likely. After recently hitting a...
Tomorrow’s gold price action should be approached with a balanced mindset because both technical structure and fundamentals are now interacting at sensitive levels. After a strong recent move and a firm weekly close around the higher zone, the...
USDCAD Scalping Analysis: According to our current analysis, the USD/CAD currency pair is overbought. This is a technical indicator suggesting that the pair may enter a correction or sideways trading pattern after a sharp rise. Based on this...
