TRADING CHART ON GBP/USD H4. The GBPUSD currency pair is trading between the pivot point (PP) at 1.3073 and the support (S1) at 1.3013. There is no strong movement towards the resistance (R1) at 1.3125 or below the support (S1) at 1.3013. Many...
In the daily time frame, Gold (XAU/USD) is showing strong bullish momentum, as indicated by the formation of bullish candles following a breakout and decline from the 2560 pivot point area. The OSMA indicator signals that the price has reached 80,...
PK-HERO TRADING JOURNAL UPDATE ON GOLD Last Monday, gold experienced a fairly high increase because the candle managed to penetrate the resistance at a price of 2660. After rising to a price of 2666, not long after the gold movement fell again....
USD/CHF : The Art of Price Action Analysis The USD/CHF currency pair's price action analysis will be our focus point in this discussion. Bears should likely have a chance to take control, as there's a movement toward 0.8559 after the shift from...
The NZDUSD exchange rate appears to be continuing its downward trend, almost reaching the low price level of 0.6101 and the psychological level of 0.6100. If the decline persists, the rate may drop further to the support level (S1) of 0.6070, after...