The Gold (XAU/USD) H1 chart presents a dynamic scenario with significant price action and a potential shift in market sentiment. Below is a detailed analysis based on the provided chart: Gold is currently trading around 2616.90, reflecting a...
USD/JPY Market Analysis Greetings and Good Morning to everyone! The Bank of Japan's Policy Rate and monetary policy were too bad for the sellers of USD/JPY in the last week. Therefore, the market crossed the 156.42 zone successfully. This week, the...
The Federal Reserve’s dovish outlook provides some support to the Kiwi, as the ongoing anticipation of interest rate cuts from the Fed keeps the Dollar under pressure. This opens a window of opportunity for the pair to recover, provided the pair can...
After years of research I could find a better mix of simplicity of effiiciency than support or resistance levels. What is really great that with years of practice you become better at recognizing levels where price really tends to bounce or break...
The future direction of gold prices will largely depend on the Federal Reserve's policy decisions. If the Fed continues with its dovish stance or proceeds with further rate cuts, gold is likely to remain supported. Lower interest rates generally...