Gold's Recent Dance: A Look at XAU/USD's Hourly Swings The past few days have seen some interesting movements in the Gold Spot (XAU/USD) market, as evidenced by the hourly chart from OANDA. Currently trading around $3,355.35, gold has experienced a...
EURUSD Daily Outlook The euro remains in focus this week as investors look ahead to Thursday's European Central Bank meeting. Market participants expect the ECB to cut its benchmark interest rate by 0.25 percentage points for the eighth time in its...
In this post, I would like to point out and explain one of the most important trading and chart analysis tools, which relies on price channels. These channels are considered one of the most successful methods for determining the general direction...
USD/JPY USD/JPY Recovers From A One-Week Low To Reach 143.00 Amid a little uptick in the US dollar from six-week lows against its main competitors, the USD/JPY bounces back from weekly lows to recapture 143.00 in Tuesday's Asian session low....
Technical analysis of USDCAD Today I chose USD/CAD for technical analysis; the market is currently trading below the 1.3848 resistance level in an uptrend. The market price moves up the trend line to help you push the price higher. With the help of...
