Forecast of Gold On the H4 time frame chart, the price of Gold is running in an ascending channel. As the price increased and decreased, it challenged the bottom and top levels of the ascending channel two or three times. On the H4 time frame chart,...
I observe that the US dollar struggled to hold its ground against the yen, which has once again influenced the direction of all yen pairs, including USD/JPY. I note that the pair finished trading close to its previous low, which was a level many...
I believe that the recent price movements in the XAUUSD pair are primarily driven by profit-taking, followed by renewed buying interest, which sustains the upward momentum. I observed that on Thursday, the price updated its maximum again, and I...
**GBP/USD Trading Analysis** Today, we take a closer look at the GBP/USD trading pair, which appears quite intriguing based on recent candles and indicators. Analyzing the chart, we observe that from February 19th to February 21st, the price...
The USD/JPY H4 chart shows significant price action, with a clear downward trend forming after an extended bullish rally. The price has recently tested the 149.28 level, which acts as a key support zone. Looking at the historical price movement, the...
