CRAZY-TRADER TRADING JOURNAL UPDATE ON GOLD If intraday its position still gets support above the SMA5 and SMA10 curves in the H4 time frame, then it has the potential to lead to the dynamic resistance of SMA50 and SMA200. Especially if it...
The spot price has been under significant pressure in recent weeks, primarily due to the outperformance of the US Dollar. This is evidenced by the rise in the USD Index which tracks the Greenback against six major currencies. Recently, the DXY...
The chart presents the XAU/USD (Gold against the U.S. Dollar) pair on the H1 (1-hour) timeframe, showing price movements, a moving average, and the RSI (Relative Strength Index) indicator. Below is a detailed technical analysis based on this data....
The USD/CAD pair is currently trading around the 1.39586 level, reflecting a bearish trend. This downward movement suggests that sellers are dominating the market, pushing the price lower. However, the pace of the market appears to be slow at the...
M-1 Chart Technical Outlook USD/JPY USDJPY failed to sustain its bearish momentum and after touching a low of 152.43, prices corrected higher against the USD in the US trading session today. We can see that the channel resistance has been broken...