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...
T E C H N I C A L _ A N A L Y S I S U S D / J P Y Good morning to all my companions. The topic I will be discussing in today's post is USD/JPY analysis in more detail. Let's discuss the current price changes in the USD/JPY market for today. USD/JPY...
The price movement of gold displayed in this chart highlights clear trends and consolidation phases over the analyzed period. Starting in late November, the market experienced a strong bullish rally, pushing the price toward a peak near 2728. This...
T E C H N I C A L _ A N A L Y S I S N Z D / U S D Hello. How was your last trading day? I hope it will be good. Today I have decided to share a technical analysis of NZD/USD. Let's determine the direction of the NZD/USD price. NZD/USD is trading at...
AUD/USD Technical Overview: As of today, January 15, 2025, I’m seeing the AUD/USD trading around 0.6198 USD per AUD. The 50-day moving average (MA) has recently crossed below the 200-day MA, which suggests a bearish trend, but I believe we might be...