The chart you provided shows the price movement of Gold Spot (XAUUSD) against the U.S. Dollar on a 1-hour timeframe via the OANDA platform. Let’s break down what it reveals: Overview As of the current candle, gold is trading at $3,223.445, showing a...
The commencement of the new trading week witnessed a notable surge in the value of the British pound (GBP) against the US dollar (USD), as the GBP/USD currency pair extended its recent gains to reach multi-day peaks in the vicinity of the 1.3200...
EUR/USD Technical Analysis H-4 chart: Of course, I did not go into such dependencies; it is quite possible that they exist. Technically, today we had quite an interesting day on EURUSD, which needs to be analyzed for a further picture of what is...
The AUD/NZD pair remains under notable bearish pressure in Monday’s session, with price action consolidating around the 1.0800 psychological level. Despite brief intraday recoveries, the overarching technical and macroeconomic landscape continues to...
ANALYSIS OF USD/JPY PAIR. On the USD/JPY 4-hour chart, we observe a pronounced downtrend that has been sustained since early February, following the pair's rejection near the 151.80–152.00 region. This bearish momentum has intensified over the past...
