Gold prices retreated on Friday after reaching a swing high of $2,698, encountering resistance following a bullish breakout above the trendline and completion of the 78.6% Fibonacci retracement. Despite Monday's bearish reversal pattern and weak...
AUDNZD Market Analysis 15 January 2025 Seller excels in Asian Session trading pair audnzd. Prices were volatile when the market just opened. Prices moved up and down across the area at 1.1053 and also bounced off the EMA 200 and EMA 633 H1 which...
The GBP/USD currency pair did not come close to the moving average line on Tuesday. Although a new corrective movement appeared to be starting on Monday, it quickly lost steam. During both Monday and Tuesday, the market had no reason to abandon...
EUR/USD The daily chart of the GBP/USD currency pair produces very interesting candles. For the third day in a row. They have small bodies and predominantly southern shadows. The desire for growth is quite clearly visible, but at the same time,...
In my opinion, the gold chart on the H1 timeframe reflects a dynamic market with multiple trading opportunities. The price movement within the Bollinger Bands, which expand and contract based on market volatility, provides a strong indication of...