Technical analysis of gold The technical analysis of gold on the 4-hour chart supports the upward trend in the coming hours. During the previous two trading weeks, the price of gold traded in a downward wave began to rise during the previous week,...
Forecast of USDJPY Up until a few weeks ago, I thought the USDJPY price would keep rising because it was near the top resistance level of 161.89; however, after the USDJPY tested the price level of 151.88 and went through four trading weeks of range...
On the fifteen-minute chart of the EUR/USD currency pair, we have observed that the price has recently reached a new high. Following this upward movement, the price performed a retest of the key level, and currently, it is trending in a northern...
NZDUSD currency pair - let’s consider the D1 period chart. After the last growth wave updated the previous one’s maximum, the descending wave structure was broken. The MACD indicator is near the zero mark and there are no signals from it, it is only...
The GBPJPY currency pair is currently exhibiting intriguing price movement dynamics on the H1 timeframe, characterized by a clear wave pattern. Examining the structure that has developed, it appears that this pair is in a corrective phase after...