T E C H N I C A L _ A N A L Y S I S X A U / U S D Currently, XAU/USD is trading roughly at 2935.34. A moderate downward correction is quite possible for this instrument in the first half of the day, but the main scenario is the continuation of the...
PAIR REVIEW USDJPY Hello! The pair continues to show a downward trend here. When it was trading near resisting 157.512, the seller was gaining volume here and I assumed the pair would decline downwards. The support of 156.285 was broken, there was a...
Currency pair GBPUSD H-4 chart. The wave structure is currently built in an ascending order, the MACD indicator is in the upper purchase zone. The price is also at the horizontal support level of 1.2625. Last week, the price did not move much;...
XAUUSD Weekly Technical Analysis Gold (XAUUSD) has been in a strong uptrend, currently trading around $2937. The market has shown impressive bullish momentum in recent weeks, reaching new highs. The weekly RSI stands at 75.89, indicating that the...
T E C H N I C A L _ A N A L Y S I S E U R / U S D Good morning to all forum friends and respected moderators. Yesterday, EUR/USD traded slightly in the lower direction and closed the day around the 1.0459 price area. Today, I want to analyze the...