Gold prices retreated on Friday after reaching a swing high of $2,698, encountering resistance following a bullish breakout above the trendline and completion of the 78.6% Fibonacci retracement. Despite Monday's bearish reversal pattern and weak...
•••EUR/USD: Market Update – January 15, 2025••• • The EUR/USD pair is trading at around 1.1165 today, with the market holding steady as traders prepare for upcoming economic events. While the pair has been consolidating in recent sessions, the...
Gold technical analysis Four hour time frame: In a falling wedge, I destroyed gold options faster than I expected. The metal has found support at the 2658 level and has bounced and traded there multiple times. This week, we should be able to recover...
•••GBP/USD: Caught in a Tight Range(January 15,2025)••• • The GBP/USD pair is currently caught in a narrow range, hovering around 1.2170 as traders wait for clear direction. The market has been somewhat stagnant, unable to make significant moves as...
USD-JPY PAIR FORECAST The price movement in this pair yesterday was not so good. There was a slight up and down movement around the EMA 200 H1 although buyers managed to maintain their dominance. Starting from the beginning of the Asian session...
