I observe the current D1 chart for gold (XAUUSD) shows a bullish wave structure building higher. I notice the MACD indicator is rising in the upper buy zone, staying above its signal line, which I interpret as ongoing upward momentum. I recall that...
GBP/JPY is currently at a pivotal level, with 192.46 acting as a crucial support zone that could determine the pair’s next movement. If this level holds, a bullish rebound remains the preferred scenario, with potential gains ranging from 111 to 161...
The main events by the morning: January 29 The European Union plans to abandon Russian aluminum within a year. The EU intends to introduce a phased ban on imports of Russian aluminum as part of the 16th package of sanctions. Also, in accordance with...
The AUD/USD currency pair is showing signs of potential recovery, with price action revolving around the key pivot level at 0.6202. A sustained hold above this level could reinforce bullish sentiment and drive prices higher, whereas a failure to...
The AUD/USD pair is navigating through a period of consolidation, with the possibility of a rebound that could see gains ranging between 41 and 57 pips. The pivot point at 0.6202 serves as a key reference level for traders looking to determine the...