The AUD/CAD pair is currently exhibiting a downward trend, with price movement retreating from the resistance zone between 0.89710 and 0.90472. Given historical market behavior, I acknowledge that price rarely moves in a single direction for an...
I begin my analysis of the USD/JPY currency pair by focusing on its recent price action, particularly its interaction with key resistance and support levels. I observe that the pair initially rose strongly, reaching its target near 152.60 before...
The provided chart represents the H4 timeframe for GOLD, showing a strong bullish trend with a notable price increase. The price is currently trading near the 2919.33 level, which is a key resistance point, while the red moving average line suggests...
The Australian dollar weakened against the US dollar on Tuesday, exacerbating the AUD/USD pair's downward trend. This decline was primarily triggered by US trade policy adjustments, specifically the decision to extend steel and aluminum tariffs to...
The EUR/USD pair experienced a decline of approximately one-third of 1% on Monday, retreating to the 1.0300 level as market sentiment deteriorated. Investors, who had been anticipating clearer signals from central bank policymakers, were instead...
