The GBPAUD instrument I’m currently analyzing is trading in the upper zone of its range, which suggests that the market may be approaching overbought conditions. From my perspective, this creates a potential opportunity to look for selling setups...
Hello, and I’d like to share my market outlook and trading plan for today. My focus is on the GBP/CHF pair, where I am currently looking for a selling opportunity based on the setup I see on the H1 timeframe. From my perspective, the structure...
XAU/USD is currently trading near the $4,540.20 area on the Daily chart. Starting with the moving averages, on the Daily timeframe, the 200 SMA line sits at $4,293.14, representing the major long-term trend support far below current prices, while...
AUD/USD DAILY ANALYSIS AUD/USD is attempting to regain upward traction at the start of the week, edging closer to the 0.7200 level during Asian trading after the Reserve Bank of Australia delivered a widely expected interest rate hike. The move...
Silver After initiating a rising wedge pattern a few weeks ago, silver is still exhibiting traditional negative price behavior. On Friday, the first decline that followed the bearish signal encountered resistance close to the 20-day moving average....
