XAUUSD 1-Hour Analysis: Following an earlier upward advance, XAUUSD is stabilizing between 4335.87 and 4347.87 on the 1-hour chart. The RSI, which is currently around 55 and exhibits a bearish divergence from its recent high, provides us with a...
Forecast of EURUSD Earlier, for a few trading hours, the price of EURUSD grew during the price correction, but when it tested the 50 EMA line a few hours ago, the price started to fall, following its main trend direction. On the H4 time frame chart,...
AUDUSD Technical Analysis: On Wednesday, the AUD/USD pair increases for the second day in a row, building on its significant gains from the day before. However, spot prices continue to trade below the psychological threshold of 0.71346 in the midst...
Crude Oil D1 Chart Analysis: I would like to draw attention to the fact that the price is presently trading in an upward - channel based on the D1 - chart. After an unsuccessful attempt to break through the support - line at the level of 104.08, the...
Technical and Fundamental Analysis of the GBP/USD Pair GBP/USD edged higher on Monday before giving back part of its advance and settling near 1.3480 after the release of fresh UK inflation data. Despite the modest recovery, the pound remains under...