XAU/USD As expectations for a peace agreement between the US and Iran put pressure on oil and the US dollar, gold surged more than 3% on Wednesday. Declining oil prices allay worries about inflation and encourage betting on a Fed interest rate drop....
On the H4 timeframe, I’m looking at NZD/CAD currently trading around 0.8109 after the latest candles printed a high near 0.8124 and a low around 0.8108. The recent price action shows a strong bullish push followed by a slight pause just below the...
*Price action market context*: Silver shows strong bullish momentum on the 15m, printing 77.4815, up 6.37% intraday. After a sharp decline from 78.00+ near April 23, price carved a higher-low structure. The blue ascending trendline from April 29...
This update reflects GBPAUD on the H1 timeframe, currently trading around 1.8789 as the pair stabilizes after a recent bearish correction from higher levels. Price action shows that the market previously faced strong rejection near the 1.8850–1.8880...
Market Analysis and Insights: The pair has been trading with a mildly bullish tone in recent sessions, holding above the 1.3500 psychological level while testing higher resistance near 1.3600. The pair has benefited from a softer US Dollar amid...