Based on my analysis, the price of gold has struggled to break below the key level of around 2,600, which has acted as a strong support for a prolonged period. Now, the market is approaching a critical resistance at 2,679.84, and I believe this...
GBP/USD Technical Analysis: On the 4-hour time frame for GBP/USD, the market is currently following a clear sell trend. The price is trading below both the 200-day and 50-day Simple Moving Averages (SMAs), indicating a bearish market structure. The...
The GBP/JPY H1 chart presents a clear depiction of recent market movements, emphasizing the interplay between price action and technical indicators such as Bollinger Bands, Standard Deviation (StdDev), and Average True Range (ATR). This analysis...
The Australian dollar is teetering on the edge of a major collapse, with the currency hovering near recent lows. A decisive move to a new low could set the stage for a deeper decline, potentially targeting the key psychological support level at...
EUR/USD Trading Analysis Update Wednesday, January 08, 2025 The ADP Non-Farm Employment Change and Unemployment Claims data report in the New York session will be a catalyst for the direction of the EURUSD pair price movement. Previously, the data...
