From my perspective, the chart provides a clear representation of the recent price movements in the gold market over the H1 timeframe. The combination of indicators and patterns visible in the chart suggests significant insights into the market's...
XAG/USD Sentiment and Silver Technical Market Overview The silver market is bearish and is trading around 30.320. Silver tests the hourly chart's 100 exponential moving average (EMA), indicating a central technical turning point. The price...
GBP/USD PAIR REVIEW Price of currency: GBP/USD GBP/USD fell again after buyers failed to bring the price up and breakout the SMA 50 line in the previous movement. The dollar which is still strong until the end of this week makes GBPUSD buyers still...
The Australian dollar weakened slightly on Friday. In the European session, AUD/USD is trading at 0.6198, down 0.22% at the time of writing. Will strong Chinese numbers support Aussie? Good news came out of China on Friday, highlighted by...
USD/JPY Technical Analysis The USD/JPY currency pair has recently been on a downward trajectory characterized by lower lows in one 1-hour. This pattern indicates a bearish market structure. The pair trades below the 200-day Simple Moving Average...