Forecast of Gold Looking at Gold's H4 time frame chart, we can see that the price flew around the moving average lines and had been moving in a range for the previous several trading days. The price of Gold finally dropped sharply a few hours ago,...
Understanding Resistance in Forex Trading: A Key to Identifying Market Barriers In forex trading, the concept of resistance plays a crucial role in understanding price behavior, predicting market reversals, and developing successful trading...
EUR/USD The EUR/USD pair is hovering around 1.0845, showing a slight dip of 0.1% from yesterday. The price action remains within a tight range, with a battle between bullish and bearish forces shaping the next move. Technical Analysis: Recently,...
Analyzing the current situation with the euro/dollar and pound/dollar pairs, I observe that the market is in a state of uncertainty, particularly with the euro/dollar trading slightly below its local high of 1.0875. I note that the pair is currently...
The AUDUSD pair has experienced a significant decline this evening, aligning with the broader trend of dollar strength across major currency pairs. While the dollar's gains have been notable across the board, the AUDUSD pair's drop is not as severe...
