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...
In my opinion, the gold chart on the H1 timeframe reflects a dynamic market with multiple trading opportunities. The price movement within the Bollinger Bands, which expand and contract based on market volatility, provides a strong indication of...
T E C H N I C A L _ A N A L Y S I S U S D / C A D I would explain recent price movements in the USD/CAD market. From a technical standpoint, USD/CAD is trading at 1.4358 at the time of writing. In the long term, USD/CAD is bearish now, while at the...
PAIR REVIEW USDJPY Hello! Sellers rolled back to 157.00, even a little lower, but the mood in the USDJPY currency pair is still northern and in a couple of days buyers have returned to 158.00 again. Until sellers have merged at least below 156.00,...
The GBP/USD currency pair did not come close to the moving average line on Tuesday. Although a new corrective movement appeared to be starting on Monday, it quickly lost steam. During both Monday and Tuesday, the market had no reason to abandon...
