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...
GOLD AND USDJPY MOVEMENT ANALYSIS WEDNESDAY 5 FEBRUARY 2025 Assalammualaikum wr wb Good afternoon to all friends who are currently online in the investsosial forum, thank you very much for visiting my journal yesterday, hopefully the knowledge and...
GBP/CHF Trading Analysis Update Wednesday, February 5, 2025 The GBPCHF pair price rally for more than two weeks has changed the trend direction to bullish. The EMA 50 has successfully crossed the SMA 200 perfectly, giving rise to a golden cross...
AUD/USD Market Outlook Greetings and Good Morning to everyone! The overall market sentiment of AUD/USD is still in favor of buyers. Therefore, the traders can open a buy order with a short target of 0.6272 ahead. Also, the Australian Retail Sales...
A morning star candlestick pattern is a visual cue in technical analysis used by traders to identify potential reversal points in the market. It's considered one of the key signals indicating a bullish reversal following a downward trend. The...