XAUUSD (GOLD) Analysis M30 Timeframe Currently, XAUUSD is trading around 3319.34 on the M30 (30-minute) timeframe, showing a mixed sentiment with a slight bullish tilt. After a recent corrective phase, gold prices have stabilized and oscillated...
Forecast of USDJPY According to the H4 time frame chart, the price surged due to overwhelming bullish momentum on Wednesday during the New York trading session. As a result, the USDJPY changed the trend direction by crossing the moving average lines...
LTC/USD Technical Analysis Support and Resistance Levels Litecoin (LTC/USD) has experienced a significant bullish rally, surging from the 63.50 level and is currently trading around 87.00. The broader trend remains firmly bullish, supported by...
On a daily basis, gold prices have been moving within a channel pattern, yet lately, the pattern has begun to show signs of weakness. For more than three months, the yellow metal has been drifting sideways, suggesting a period of consolidation. Most...
The pattern emerges during a clear downtrend. The first candle is a bearish one, and the second is bullish, opening lower than the previous day’s close, but closing more than halfway into the body of the previous day’s candle. Always wait for the...
