AUD/USD rebounded near 0.7090, supported by rising expectations of an RBA rate hike, with markets pricing a 70% chance of a 25 bps increase. The pair is currently holding a key demand zone between 0.7050 and 0.7070; a break below could push the...
Momentum Indicators – Complete Step-by-Step Explanation Momentum indicators are technical analysis tools used in trading to measure the speed and strength of price movements in a financial market. Traders use these indicators to determine whether a...
On the fundamental front, the Canadian dollar continues to draw significant support from Canadas emerging status as a reliable energy supplier to the United States amid the escalating Middle East conflict. At the same time, the euro struggles under...
According to the attached chart of gold market we can see that currently gold market is trading around the 5115 level. The overall structure of the chart shows that the market initially experienced a bullish phase, forming higher highs and higher...
GOLD H4 Timeframe: Based on the GOLD chart on the H4 timeframe shown, technical analysis, referring to the 100 Moving Average (MA 100), indicated by the blue line, and the 200 Moving Average (MA 200), indicated by the red line, suggests a trend...
