Strategic Forex Trading: Gold We are focusing our analysis on the current real-time price of Gold. I'll start with the fact that I expected this instrument to rise to the 2677.00 zone yesterday. Here, we have a small rally, so to speak, buyers; the...
THE CURRENCY PAIR USD-JPY Today we are waiting for the US unemployment data and some other important data, so our technical forecasts will be affected by the fundamentals and may change, but for now we see that the USD/JPY currency pair continues...
Market Sentiment and Trading Strategies for XAU/USD The XAU/USD market is currently in an uptrend, showing strong bullish momentum. The market is currently trading around 2673, having recovered from testing the daily low of 2668, indicating that...
The Australian dollar (AUD) continues declining against the US dollar (USD) for the fourth day. The AUD/USD pair was trading close to two-year lows on Friday. The Reserve Bank of Australia (RBA) is expected to decrease interest rates by 25 basis...
Chart Analysis: Strong Uptrend Observations Uptrend Characteristics The chart displays a robust uptrend, characterized by the formation of continuous higher highs and higher lows. This indicates a strong bullish sentiment in the market. Bollinger...