Decline in Gold Prices As the European session commenced on Friday, gold (XAU/USD) was observed to be trading below the record high of the previous day, approaching the $2,920 mark. Meanwhile, the US dollar also hit its lowest level since December...
The chart provided is a one-hour (H1) time frame of gold (XAU/USD), displaying various technical indicators including Fibonacci extension levels, Bollinger Bands, and the stochastic oscillator. The price appears to be trading within a downtrend...
Technical Analysis of USD/JPY on H4 Time Frame The USD/JPY currency pair is currently showing signs of a potential retracement on the H4 time frame. I have applied the Fibonacci retracement tool, and the market price is moving towards the 23.6%...
GBP/USD Analysis on H1 Timeframe This morning, I will be analyzing the GBP/USD currency pair using the H1 timeframe. Currently, the price is trading below both the 21-period and 34-period Moving Averages. This indicates that the market is in a...
Bitcoin's Journey to $100,000 – Latest Developments Geopolitical Influences and Market Sentiment Bitcoin's journey towards the $100,000 mark is being influenced by a variety of factors, particularly geopolitical events and overall market sentiment....
