Technical Analysis of Gold 1. Chart Description: The attached chart illustrates the price movement of gold on the hourly timeframe. The Daily Pivot indicator was used to identify support and resistance levels. The Price Channel indicator was also...
EURUSD Short-Term Outlook: The EUR/USD pair continues its strong downward - trend, experiencing a significant drop today, falling below 7 points. The question is whether this decline will continue. It is important to note that the EUR/USD lacks...
Greetings, and happy trading to everyone! The market recently attempted to push AUD/JPY lower, but I still agree with the idea that sellers are unlikely to force the pair significantly below the 113.45 area. From my perspective, the key support zone...
USD/CHF Chart Analysis USD/CHF on the H4 timeframe is showing a clear bearish structure as price continues to trade below the major moving average and remains under sustained selling pressure. The pair is currently hovering near the 0.7760 region...
EUR/JPY Analysis Trading the EUR/JPY today, I find myself at a pivotal junction where the "why" of policy divergence meets the "how" of extreme technical positioning. Fundamentally, the pair remains supported by the stark contrast between the ECB’s...
