XAU/USD Market Analysis Gold (XAU/USD) opened today at $2866, following a relatively tight range on Friday between $2860 and $2869. The market showed bullish momentum as it broke above Friday’s high, reaching $2881. Currently, the all-time high...
EURUSD EURUSD outlook: The EUR/USD pair has been trading in a relatively narrow range recently, as market participants await key economic data and guidance from central banks. Both the Euro and the U.S. Dollar are under pressure from broader...
The EUR/JPY currency pair experienced a surge from around 161.00 overnight, but this upward momentum waned during the Asian session on Wednesday, attracting sellers. The pair subsequently declined, approaching the 162.00 level, and appears...
Hammer Candlestick Chart Pattern The Hammer Candlestick Pattern is a key technical analysis pattern used in stock, forex, and cryptocurrency trading. It signals a potential reversal from a downtrend to an uptrend and is classified as a bullish...
Technical Analysis AUD/USD H-1 Chart The situation on the AUDUSD market. Comparing the current market price of 0.62769 with yesterday, on which I installed the Fibonacci grid. Combining high with the Fibonacci level of 100% (0.63026) and low with...
