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...
PAIR REVIEW EURCHF Hello! In my brief forecast for today, for this trading instrument, EURCHF, I expect a further decline in the currency pair. Most of the indicators on the hourly time period show a decline in the currency pair. On the 1 hour mark,...
GOLD Gold is expectedly holding within its range (I wrote about it at the end of last year) and is now approaching its upper limit at around $2,670. A breakout of this level will open the way to the targets in the 27th figure. But for now, a...
During my daily study of major currency markets, the USD/JPY pair caught my attention because we are close to breaking out. If we can break above a big support level just above, the market will go much higher. If we can break above the ¥158 level,...