The daily chart analysis of XAU/USD reveals technical indicators suggesting a mix of bullish strength and potential bearish retracement signals. Traders and investors must monitor these key patterns and trends to identify opportunities effectively....
I have a similar scenario in mind, with the main trading range for USD/JPY identified between the levels of 148.62 and 151.23. I believe that buyers will start to make their presence known from Monday. If the price breaks above the 151.23 level, we...
Yesterday, to be honest, I expected Gold to react more actively to the non-farm data, but in the end there were no serious movements, and the price remained in a sideways trend. Buyers now need to break through the 2645.53 level first to form an...
Trading journal SUNDAY, December 8, 2024 GBPUSD "GbpUsd market trend is still trying to run in the bullish zone" The trend of the market journey from the 4-hour time frame for this week appears that the GbpUsd pair has tried to rise towards the...
The AUD/USD pair has remained under pressure recently, facing headwinds from a combination of technical developments, economic uncertainties, and geopolitical risks. The Australian Dollar (AUD) dropped to around 0.6390, nearing its four-month lows,...