Hello all, The price behavior of gold is currently a hot topic among traders and analysts. As we continue our detailed analysis of the gold market, we begin by examining the daily time frame to gain a broader perspective on recent movements....
T E C H N I C A L _ A N A L Y S I S A U D / U S D Good morning and best wishes to all of us. AUD/USD is trading at 0.6605 at the time of writing. If you look at the history of yesterday's market movements, it seems that sellers are starting to...
The EUR/USD currency pair continued its downward movement on Friday. This trend would have continued throughout the day without the University of Michigan Consumer Sentiment Index in the US. The index was much weaker than forecast, which halted the...
USD/JPY: The main resistance level for USD/JPY is 157.37. The next price target for buyers is to break through the untested resistance at the 157.64 level. If successful, the USD/JPY pair could continue its bullish movement towards the next...
4:55 GMT: Sold the USD/JPY At 4:55 GMT, I opened a sell trading position with a 0.25 lot size on USD/JPY. You can see the details of this trade in the picture below. USD/JPY | Sell | Enter @ 157.50 | Stop @ 157.69 | Take profit @ Depend on the...