Gold Spot and USD: 4-Hour Chart Analysis Current Price Action The Gold Spot is currently consolidating between the key levels of 2,900 and 2,950 on the 4-hour chart. This zone has become a battleground for buyers and sellers, indicating a...
As of the current moment, the EUR/USD currency pair remains within the ninth figure, trading at approximately 1.0905. Recently, it experienced a downward bounce from the prevailing local high of 1.0955, which occurred when buyers (bulls) were...
Carry Trade Strategies A carry trade is a popular forex trading strategy where traders borrow (sell) a currency with a low interest rate and use the proceeds to buy (go long on) a currency with a higher interest rate. The goal is to profit from the...
The current market scenario indicates that the price is positioned above the daily pivot level of 0.9076. This is a significant point of reference for traders, as daily pivots are often used to gauge potential support and resistance levels...
Technical analysis AUD/USD D-1 Yesterday, after updating the minimum of the previous daily range, the price reversed for the Australian, and by the end of the day, a bullish candle was formed, which closed within the previous daily range. So far, I...
