### Gold Weekly Analysis: Bullish Momentum and Potential Correction Ahead Gold concluded the week with a strong bullish candle, indicating continued upward momentum. On the daily chart, the widening of the Bollinger Bands suggests a possible...
During Friday's American session, the pair rebounded from a nearly five-week low of 1.2663, reflecting its overall strength. This recovery highlights the pair's resilience, fueled by strong market anticipation that the Federal Reserve (Fed) might...
Crude Oil Price Action The discussion is currently focused on analyzing the Crude Oil price behaviour. Today, I intend to predict the ongoing price movement of a selected currency pair using the price channel indicator, which is based on moving...
USD-CAD PAIR FORECAST Support 3: 1.3663 Support 2: 1.3697 Support 1: 1.3712 Pivot Point: 1.3732 Resistance 1: 1.3747 Resistance 2: 1.3766 Resistance 3: 1.3800 Good evening forum members, still learning to use the pivot point technique. For today I...
In conclusion, while the initial breakout of the 1.08963 level on the EUR/USD M30 chart appeared to be a promising signal for entering short positions, the subsequent price action suggested that this breakout lacked the necessary follow-through to...