Gold stays under modest bearish pressure and declines toward $2500 in the American session on Friday. The 10-year teasury bond yield edges higher toward 3.9% after US PCE inflation data , causing XAU/USD to stretch lower. Gold Price Forcast :...
Bill Williams Fractals is a technical analysis tool designed by trader and author Bill Williams. Fractals are used to identify potential turning points in the market by highlighting local highs and lows that can be used as support and resistance...
NZD/USD The New Zealand Dollar tried to continue its growth last trading week but still moved in different directions without much change. The price managed to bounce off the support and rise to the 0.6082 level but then made a sharp turn and fell...
A Forex System Rule: The Trend Is Your Friend, Hello dear Friends I am Alizy Nayab and today my topic is "The Trend Is Your Best Friend in Forex Trading". The systme is fairly straightforword, as it makes use of tow basic technical indicators : EMA...
The NZD/USD 4-hour chart reveals a bullish market structure that began gaining momentum in mid-August after the price found strong support near the 0.59000 level. This upward trajectory has been characterized by a series of higher highs and higher...