Based on the provided 1-hour chart for Gold (GOLD.m, XAU/USD), the precious metal is currently trading at approximately 4,165.78, showing a mild bullish recovery after a sharp bearish breakdown to 4,070.10 seen on October 14. The price had been in a...
EURUSD 5-Minutes Analysis: The buying demand for the euro is still robust on Wednesday, pushing the EUR/USD pair to 5-week highs of over 1.12399. The EUR/USD is heavily bought ahead of the important FOMC meeting later in the European evening on...
Supply Zones in Forex Trading: A Beginner’s Guide What Is a Supply Zone in Forex Trading? A supply zone is a price area where selling pressure has previously been strong enough to push the market downward. Traders use these zones to identify...
USDCHF D1 Chart Analysis: The price of the USD/CHF currency pair is still flat on D1, but for the time being I am more interested in seeing this pair continuing to rise to the top edge of the present flat. If we go north, I believe this growth will...
EURUSD Price Fluctuations: Analyzing the EUR/USD currency pair's price fluctuations is the current subject of debate. Experience with trading varies, and investors need to have a lot of faith in the present EUR/USD trend. Despite the price rise, I...
