Gold price (XAU/USD) kicks off the new week on a positive note following Friday's pullback from the vicinity of the all-time top and climbs back above the $2,880 mark during the Asian session. The US Dollar (USD) selling bias remains unabated in...
USD-JPY PAIR ANALYSIS After experiencing a spike to reach its highest level around 154.50, the price began to experience strong selling pressure and has now moved down to the range of 151.66. This trend change indicates a shift in market sentiment,...
Technical analysis of gold Technical analysis of gold on the 1-hour chart gives a good buying opportunity from the current level. During the previous two trading days, a strong upward wave was formed, then a downward wave and the gold price started...
The AUD/USD pair experienced a volatile start to the week, hitting a two-month low of 0.6373 during Monday's European session before rebounding. Initially, the Australian dollar (AUD) found strength due to positive market sentiment. This positive...
The chart above illustrates the price movement of AUDUSD on the H4 timeframe. After confirming that the market trend for AUDUSD is predominantly upward, my focus moving forward will be on identifying potential entry points for buying. This upward...