Technical analysis of XAUUSD I chose gold for technical analysis today, and the target market price is currently in a downtrend. It helps prices drop train lines. This trend line helps gold prices fall. The price of gold broke through the support...
Understanding Bullish Momentum and Breakouts in the Forex Market The forex market is characterized by various price movements that traders analyze to make informed decisions. Two important concepts in this context are "bullish momentum" and...
The ongoing conflict between Russia and Ukraine is causing fluctuations in oil prices. Should a peace agreement be achieved between these two nations, the supply of oil could increase, potentially leading to a decrease in prices. As a result,...
Current Market Situation of EUR/USD The EUR/USD currency pair is presenting an interesting scenario on the H1 chart. The price is currently trading between a support level of 1.0310 and a resistance level of 1.0380. This price action indicates that...
Gold prices maintained their upward trajectory, reaching a record high early Thursday morning, fueled by a surge in safe-haven demand. This surge is primarily attributed to growing uncertainties surrounding US tariff policies and the prevailing...
