Gold H4: Buyers Defend a Key Support Zone as a Bounce Setup Develops Gold on the H4 chart is showing an interesting reaction around the 4300–4310 area after a noticeable decline from the late-August highs. Price is currently trading near 4308, and...
EUR/JPY H1 Outlook: RSI 39.06 Signals Bearish Momentum as MACD Remains Negative EUR/JPY is trading at 178.635 on the H1 chart. The visible indicators show a market with weakened short-term momentum following its recent decline. RSI(14) is at 39.06,...
AUDUSD 4-Hour Analysis: AUD/USD is currently trading at 0.71172, and if the US index breaks the immediate daily support at 0.70507, buyers will be able to return to the upside corrective goal at the 50% Fibonacci retracement level at 0.71452....
The US dollar held near a one-and-a-half-month high against the Canadian dollar on Thursday, keeping USD/CAD just under the psychological 1.4000 mark as European trading opened. The pair’s bullish run picked up pace after the Federal Reserve...
GBP/USD Technical Analysis (1-Hour Chart): Breaking Weekly Support Levels and Attempting a Corrective Rebound The 1-hour (H1) chart for the GBP/USD pair reveals clear dominance by selling forces during recent sessions; the pair is currently trading...