Good afternoon Kresek, if you look at the market's travel pattern for the past few days, I think the bearish trend may still be able to continue considering that the price has fallen past the 100-period simple moving average zone. If there is a...
The provided chart shows the hourly price movement of GOLD (XAU/USD) with a strong uptrend from mid-December to early February. The red moving average (likely a 50-period or 100-period MA) indicates dynamic support, which the price has respected...
General Points about NZDJPY: We can see that the NZDJPY market closed at the 87.40 level, and it has the potential to move further downward. Sellers are gaining momentum, and the pair may continue its decline if bearish pressure persists. A bearish...
AUD/USD Market Outlook Greetings and Good Morning to everyone! The overall market sentiment of AUD/USD is still in favor of buyers. Therefore, the traders can open a buy order with a short target of 0.6272 ahead. Also, the Australian Retail Sales...
USDJPY Daily Time Chart Analysis The USD/JPY currency pair is currently experiencing a sharp decline. The long-term uptrend line and key support level are located below 153.65. This decline is confirmed by weak signals from key technical...
