Technical analysis of GBPAUD Today I choose GBP/AUD for technical analysis; the market price is between 2.0061 resistance and 1.9920 support. Market price breaks below resistance and shifts from support to price action. However, if your market price...
USD/CAD Greetings and Good Morning to everyone! Today, the ADP Non-Farm Employment rate will change the entire market sentiment later. So, the USD/CAD market can cross the 1.4566 level today or tomorrow. Also, volatility Management: Economic...
D-1 Chart Technical Outlook GBP The resistance level is 1.2523, it slows down the growth a little, and a reversal down to 1.2459 is possible from it. But it seems to me that this scenario will not work, and the market will break through 1.2523 to...
Crude Oil Technical and Fundamental Analysis Crude oil prices are in a downtrend and are supported by a bearish market structure. However, this structure was recently broken on the 1-hour time frame, signaling a shift to the uptrend. The price is...
The provided chart shows the hourly price movement of GOLD (XAU/USD) with a strong uptrend from mid-December to early February. The red moving average (likely a 50-period or 100-period MA) indicates dynamic support, which the price has respected...