The Australian dollar tried to rally during Tuesday's session, but gave up all of its earlier gains as US markets opened. The 0.62 level proved to be a significant resistance point, with further barriers looming at 0.63 and 0.6350. These levels are...
XAU/USD Technical Analysis and Market Sentiments Market Efficiency and Current Value Today, the XAU/USD market reached a low of 2659 and a high of 2674, and the current price is trading at 2669. The XAU/USD market tested the support level of 2660,...
In my analysis, the Bitcoin H1 chart vividly illustrates the dynamic interplay of market forces, with distinct bullish and bearish movements shaping the price action. Beginning in mid-December 2024, Bitcoin demonstrated a robust upward trajectory,...
Types of Trading Analysis in Forex Trading Forex trading involves various analysis techniques to predict market movements and make informed trading decisions. Here are the three primary types of trading analysis: 1. Fundamental Analysis Fundamental...
EUR/USD Technical Analysis The EUR/USD currency pair remains in a downtrend on the 4-hour time frame. The market structure suggests that selling pressure is ongoing, as the pair is currently trading near the 50-day Simple Moving Average (SMA), which...
