Last week, I observed significant confusion across the entire market spectrum. At the beginning of the week, I noticed that the pair declined due to a rollback from previous growth. By Thursday, I saw a strong upward movement, which gave me some...
Good day, everyone! Let's analyze the M15 chart. We can see a linear regression channel indicating buyer strength and an upward trend movement. The market is heading towards the upper channel boundary at the level of 97260.45. I am considering...
Technical Analysis of XAUUSD XAUUSD closed Friday’s trading session at 2936, positioned between the immediate support level of 2920 and the resistance level of 2945. This suggests a consolidation phase, with the market awaiting a decisive breakout...
The AUD/USD hourly chart reflects a well-defined uptrend following a significant dip in early February. The price is currently around 0.6359, showing signs of consolidation near recent highs. Bollinger Bands indicate reduced volatility, with price...
Market Fundamentals: Traders are overwhelmingly anticipating a nearly 90% probability that the Bank of Japan (BoJ) will raise interest rates from 0.25% to 0.50% at its upcoming policy meeting, marking the highest level since the 2008 global...