Forecast of Gold By looking at Gold's H4 time frame chart, I was able to see that buyers are getting stronger once more. This is because Gold tested that trend line multiple times, as I have shown in the attached diagram, and each time the bears'...
Forecast of AUDUSD The AUDUSD daily time frame chart demonstrates that trading activity was in the range zone for the few trading days preceding when the price was below the 50 EMA line and moving along the moving average lines. Ultimately, on...
TECHNICAL ANALYSIS OF USD/CAD As of this morning, the USD/CAD exchange rate stands at 1.4181. This rate has not seen significant changes compared to yesterday. Currently, the USD/CAD price has entered a seller's zone, which requires us to wait for...
The price of gold increased during Monday's North American session, recording gains of 0.56% amidst little trade since US markets were closed for Presidents' Day. After plunging to a daily low of $2,878, the XAU/USD exchange rate was trading at...
GBPUSD Technical Analysis The GBP/USD pair has clearly broken down, indicating a possible reversal in the market trend. The pair is currently trading above the major moving averages and the previous resistance area, hovering around the 1.2599 level....
