XAU/USD Forecast Gold (XAU/USD) is trading live at $4,626 , and the market is consolidating inside an **ascending channel**. Last night, price attempted to break out through the upper barrier of the channel, but the **SMA‑200 acted as strong...
I am observing the EUR/USD daily chart and I can see that the market is attempting to shift from a previously bearish trend into a more bullish structure. I notice that the price has already rebounded from the lows near 1.1400, and I interpret this...
GBP/NZD QUICK UPDATE 2 MAY I personally find the current price action on the GBPNZD hourly chart to be strikingly heavy, signaling that the recent upside momentum has likely reached a point of exhaustion. As I observe the pair trading around the...
The NZD/USD monthly chart presents a clear long-term bearish structure, with price action forming a consistent pattern of lower highs and lower lows over several years. This indicates sustained selling pressure and a dominant downtrend in the...
I observed that USD/CHF declined as expected, and I acknowledge that the move unfolded faster and more unexpectedly than I initially anticipated. I noticed that the price first broke through the 50% Fibonacci retracement level, and I interpreted...
