TRADING CHART ON GOLD D1. The provided daily chart of gold (GOLD, D1) showcases a robust and sustained bullish trend that has been in play since mid-2023. The price is consistently trading above its 200-day moving average (red line), which serves as...
•••GBP/USD: Caught in a Tight Range(January 15,2025)••• • The GBP/USD pair is currently caught in a narrow range, hovering around 1.2170 as traders wait for clear direction. The market has been somewhat stagnant, unable to make significant moves as...
Gold prices experienced a modest uptick on Tuesday, recovering from a slight dip earlier in the week. This surge followed the release of the US Producer Price Index (PPI) data, which revealed a slower-than-expected increase in producer prices. This...
I will explain the current price movements in the NZD/USD market. From a technical perspective, NZD/USD is trading at 0.5575 at the time of writing. In the long term, NZD/USD is currently bearish, while at the beginning of the month the price showed...
The USDJPY price experienced a significant decline last week, making the downward trend appear likely to continue. However, the price has remained stable since then and shows no further signs of decline, creating uncertainty. While there are some...
