The British pound faced an uncertain path against the US dollar on Thursday. The currency hovered near its longer-term moving average, lacking a clear direction. This indecisiveness stemmed from mixed signals from the US economy. On the positive...
AUD-USD PAIR ANALYSIS Today, we will review the AUD/USD pair from a technical analysis perspective. We will start from the daily time frame to get a comprehensive picture of the dynamics of price movements. On the daily time frame, the price of...
The price of gold (XAU/USD) is showing signs of recovery after trading around $2,320 on Thursday. This rebound comes after a period of pressure on the metal. Several long-term global factors are contributing to this positive trend. One key driver is...
The ZigZag indicator is a popular technical analysis tool for filtering small price movements in forex trading to highlight significant trends and reversals. It helps traders identify key trends by removing market noise and providing a clear view of...
AUD/USD ANALYSIS. After once more meeting resistance at the 0.6700 level, the Australian dollar (AUD) has lost value against the dollar of the United States (USD). In ongoing gatherings this year, in the event that RBA Lead representative Bullock...