Technical analysis of the USDCAD pair 4-hour chart The price of the pair began trading this week within the price triangle resulting from two channels, one bullish and the other bearish, representing the direction of price movement during the...
GOLD MARKET ANALYSIS Spot gold climbed 1.3% to $2,332.55 an ounce on Friday (June 14). Signs of slowing inflation in the United States have raised hopes for a rate cut later this year, and a sharp drop in European stocks last Friday also supported...
Technical analysis of the AUDUSD pair 4-hour chart Over the past weeks, the price has moved in a sideways direction as we see on the chart. During the previous week, the price trended upward in a strong upward wave, but in the middle of the week,...
XAU/USD Analysis Some of Friday's gains are being reversed, and gold prices may again face resistance above $2,330 on Monday. The pause in US dollar (USD) gains did not help gold prices as US Treasury yields rose after falling the previous week....
NZD/USD H4 Observing the market, we can see that the United States Dollar has become quite strong. As a result, the NZDUSD market has dropped significantly and is currently at the 0.6104 level. This bearish trend is encouraging for sellers as they...