At the beginning of this month, the price attempted to reverse the market trend by moving towards a bearish direction. However, the market conditions on the daily timeframe indicated that buyers were still in control, prompting the market to attempt...
High leverage in forex trading can increase potential gains and potential losses. While this allows traders to manage larger positions with smaller amounts of capital, it increases exposure to risk and market volatility Here is a rundown of the...
Certainly! The EUR/USD currency pair is currently trading at 1.0709, and the prevailing trend appears to be bearish. A bearish trend suggests that sellers are dominating, causing prices to generally decline over time. This can create a slow and...
Gold (XAU/USD) has shown strong movement in the market recently, and understanding its potential resistance and support levels is crucial for traders. Let's break down the significant barriers and targets for XAU/USD. Firstly, we need to focus on...
Gold prices fluctuated within a narrow bearish range and stabilized near $2,315 per ounce, awaiting reactions to key US data and events. Recently, gold prices have fallen sharply due to higher-than-expected US job growth and a slowdown in the pace...