Overview of Gold Trend: Now that gold prices have returned, they are trading directly above the 50-hour moving average. A break above or below this technical level could indicate a possible shift in the trend. It is an important indicator of future...
AUDUSD MARKET OVERVIEW AUDUSD 1H is testing a critical confluence zone at 0.70598 where the purple support box 0.7040-0.7065 meets the blue rising trendline from Jun 11. Price is -0.00108 today after rejecting 0.7090 on Jun 14. Since Jun 11, buyers...
USDCAD: The price movement of the USD/CAD currency pair will be the main topic of conversation today. The daily performance of the CAD index was significantly better than that of the US dollar. Because this week has not proven to be a hopeful week...
USDJPY: The USD/JPY pair hit the bottom of the falling channel on the H4 time frame chart in the morning. However, the price went up over the next few candles and reached the middle Bollinger band line in the last candle. The price fell in the last...
GBPUSD Chart Review: Today we will look at the price movement of the GBP/USD pair. The market is experiencing a strong down - trend, and we believe there are three main reasons for this. Firstly, the COVID - 19 pandemic is severely impacting...
