Trading Strategy: Focus on Buy Positions Primary Opportunity: Buying at Lower Support Levels The first and most prioritized strategy is to consider entering buy positions at the lower support levels. The support level of 1.26785 is particularly...
The GBPUSD pair finally moved up and closed at a round number of 1.2800, this is an early signal that the market is currently dominated by buyers. However, if you look at the downward movement so far, the price is still in a downward channel and...
AUD/USD Technical Analysis: After analyzing the market, you can sell the AUD/USD pair today. If the price breaks the 0.6580 level to the upside, it will invalidate this short-term bearish outlook. The projected target of this short-term bearish...
Gold prices experienced a significant rally on Thursday, reaching $2,394 as investors digested the implications of the Federal Reserve Chairman's recent speech. The shift in monetary policy stance, evident in the Chairman’s remarks, has sparked a...
Current Analysis of EUR/JPY Currency Pair The EUR/JPY currency pair is currently in a phase of stagnation, hovering around the 168.15 mark. This trend indicates a period of sideways movement with a slight inclination towards a downward trajectory....