Today, we discussed a trading idea regarding the XAUUSD (GOLD) currency pair, and I expressed my view that there is still potential for the asset to decline further. I was looking for a reversal to occur from a liquid area of imbalance at 2910.89....
The D1 period chart for today shows a continuation of the strong upward momentum that began at the start of March. I observed that the first trading days of this month were exceptionally robust, with the price surging at a high speed. On the very...
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Analysis of GBP/JPY on H4 Timeframe Good evening, everyone. In this analysis, I will examine the GBP/JPY currency pair using the H4 timeframe. As of now, the price is trading below both the 21-period and 34-period Moving Averages, indicating that...
AUD/USD Australian Dollar Holds Gains, Though Downside Risks Appear Due To Global Trade Tensions The Australian dollar gained against the USD on Monday, regaining the losses of the previous two sessions. The AUD/USD currency pair appreciation was...
