Moving averages are a popular tool in technical analysis, often used to smooth out price data and identify trends over different periods. When using 20-day and 50-day moving averages, you are typically looking to identify shorter-term and...
The British pound (GBP) experienced a decline against the US dollar (USD) on Wednesday, though it managed a slight recovery after touching a four-day low of 1.3230. This fluctuation in the GBP/USD pair was largely influenced by shifting market...
The USD/CHF currency pair experienced renewed selling pressure during the Asian trading session on Monday, effectively erasing a substantial portion of the modest recovery gains that had been achieved in the preceding trading day. In the final hour...
ANALYSIS OF GOLD PAIR. Gold prices on the hourly chart are currently exhibiting a transitional phase after a strong prior uptrend, suggesting a critical juncture where market sentiment is being tested. The broader trend remains bullish when...
T E C H N I C A L _ A N A L Y S I S X A U / U S D Good Morning, I hope all is well. Let me share with you my thoughts on XAU/USD. Currently, the market price of XAU/USD is floating around the 3272.00 area. This area is near the resistance zone....
