Gold's price action on the H1 chart shows the metal consolidating near key Fibonacci levels after a recent pullback from higher levels. The current trading range between 3024.54 and 3033.09 reflects market indecision, with the price hovering just...
NZDUSD Analysis The NZD/USD currency pair is showing a bearish trend. This structure began to decline in late September 2024 as the pair consistently showed higher lows and a better trend, which shows a sharp and poorly defined channel. The...
The EUR/JPY H1 chart depicts the currency pair's recent price action, showing a trading range between 160.41 and 160.62, with the current price settling at the upper end of this range at 160.62. This suggests a slight bullish bias in the very short...
Predicting large impulses is inherently challenging, especially during consolidation phases in the market. While I know that even in accumulation periods, strong breakouts can happen, it's difficult to pinpoint the exact timing of such moves. From a...
In the early hours of Monday's Asian trading session, gold (XAU/USD) experienced a wave of selling pressure, causing prices to retreat to approximately $2,985. This downturn was primarily attributed to profit-taking activities, as traders sought to...
