The GBP/USD currency pair has displayed intriguing movements recently. The 4-hour chart suggests a bearish trend that continues to prevail, as indicated by the current price of 1.2164, which is approaching a strong support level at 1.2150. The...
XAUUSD(GOLD) Gold Market Analysis: As of January 18, 2025, gold is trading just above 2,700 per ounce, holding steady after briefly reaching near-record levels of 2,715 earlier this week. Despite the slight pullback, the precious metal remains in...
Moving Average Trading A moving average (MA) is a widely used statistical tool in technical analysis that smooths out price data by creating a constantly updated average price. This strategy is particularly effective for identifying trends and...
GBP/ USD Movement Forecast The analysis of the GBP/ USD currency pair's current pricing behavior is what we're currently discussing. The week for the quote closed with a candle of uncertainty, a small body, and two large shadows, which fully reflect...
On the weekly chart, I see that everything remains sluggish in terms of gold growth. I understand why there is no rush, especially for long-term players. I am focusing my analysis on the short-term perspective. On the M30 chart of XAU/USD, I notice...
