I observe the current market behavior in XAU/USD as a fascinating interplay of technical patterns, trader psychology, and institutional maneuvers. Over the past week, the price action has been volatile, yet inconclusive, with gold failing to...
USD/CAD Analysis Support Levels and Trend Overview The USD/CAD currency pair is currently nearing the critical support level of approximately 0.8964, which I believe will be tested soon. The price is above the 200-period moving average, indicating...
Market Silver Analysis It was observed that silver did not show a significant increase in the morning. However, some compensatory gains were made, with expected progress in the afternoon. Additionally, the bullish sentiment from yesterday yielded...
Support and Resistance In forex trading, support and resistance are key concepts used to identify potential price reversal points. These levels help traders make informed decisions about when to enter or exit trades. Here's a breakdown of each:...
BTCUSD Daily Time Chart Analysis BTCUSD daily chart shows a bearish trend. Current price 97496.99 Key support - 95,000 This price has been touched several times. Here are the users working. They keep trying to increase the price further. The next...
