NZD/JPY currently exhibits a technical structure that suggests a potential movement of 66 to 93 pips, depending on how price action develops around the pivotal level of 86.27. This key level acts as a determinant of direction, meaning that as long...
Date: 5th February 2025. Stock Market Drops as US-China Trade War Escalates; Gold Hits Record High. US Dollar Weakens Amid Market Uncertainty * The US dollar continued to weaken, extending Tuesday’s 0.7% drop following disappointing US jobs data. *...
Gold Price Activity Review The Gold pair's price action analysis will be our focus point in this discussion. Gold has demonstrated a steady upward momentum in the recent trading sessions, as observed on the hourly chart provided. The buy order was...
GBP/USD Price Action Momentum GBPUSD resumed its bullish rely. Buyers managed to bring the price out of the sideway area. The dollar index which weakened significantly again made GBPUSD rise again. The price position tonight is in the resistance...
H-4 Chart Technical Outlook AUD/USD On the H-4 chart, I see that the movement is going north lately. Today the pair is also going north at the moment. I wonder how the pair will move further, will the north continue or should I expect changes. I...