GOLD PAIR REVIEW Price of currency: GOLD Gold rose again in the European market session this afternoon. Buyers managed to bring the price up and breakout the resistance line 2724. Sellers who failed to bring the price down and break the MA 50 line...
The GBP/USD pair, as observed on the H1 timeframe, has been exhibiting a clear downward trend over the past several weeks. The pair initially traded near 1.2830 in late November before gradually declining to the 1.2200 region, reflecting a sustained...
Greetings! I expect the price to reach 1.2650 shortly. However, if the bears have the opportunity, they could reverse the price southward. While I'm not inclined to take a short position right now, as there was a substantial opportunity to develop...
Hello, friends and fellow traders! The bulls will likely take charge of the EUR/USD currency pair in the coming sessions. Let’s take a look at the hourly chart, where we can see that the price is moving upwards. The parabolic indicator also suggests...
Technical Analysis USD/JPY H-4 Chart USD/JPY H4 On H4 I also have a relatively strong resistance for the dollar-yen at the level of 156.60, from which the quotes for USD/JPY can resume their decline, but the main obstacle for buyers is on the...
