On the H4 timeframe, use the Moving Average Indicator period 21 and also the Moving Average Indicator period 34 to read the direction of the current GOLD trend. Currently the price is playing in the Moving Average Indicator area, which means the...
USD/CHF Technical Analysis: Right now, the USD/CHF pair seems to be moving sideways. It's trading between key support at 0.8900 and resistance at 0.8950. If it breaks through the resistance, I could see the price pushing towards the 0.9000 level,...
Gold Technical Analysis H4 Chart On the 4-hour time frame, gold is currently in an uptrend. For this analysis, I used the 200-day Simple Moving Average (SMA) and the 50-day Simple Moving Average (SMA). 1. Key Observations: The price of gold is...
Investors are closely monitoring key economic data and central bank statements from both the U.S. and China, as these will likely dictate the next moves for the pair. The market sentiment is currently one of cautious optimism, with the potential for...
PAIR REVIEW EURJPY Hello colleagues. On the daily chart of the pair, I see that the movement has been going south, and today there is a movement to the south at the moment. I wonder how the pair will move further. Will the south continue or should...