CAD/JPY H_1 Good day, colleagues and traders! Above the price is the moving average indicator, as we can see from the chart of this pair. It shows that it is most profitable to trade to sell, but not to buy. The MACD oscillator is above zero,...
GOLD technical analysis Despite trading above the weekly pivot level and inside the rising red channel, gold prices fell this week near the levels of the last price peak on the 4-hour chart, which caused the price to fall. Until now, the price has...
During Monday's Asian session, gold prices saw a slight increase and seem to have paused their decline from the record high achieved last week. Trading just above $2,523, the metal's potential for significant intraday gains may be constrained by...
Today, let's analyze the D1 timeframe chart of the currency pair EURUSD. The wave structure is forming an uptrend, the MACD indicator is rising in the overbought zone and above its signal line. The past trading week did not give any chances for the...
XAU-USD PAIR ANALYSIS I am still confused about the view on gold because the price seems to be giving a sign that it will go down but it turns out to be flying and after reaching a high at 2517.84, it seems that sellers are trying to put pressure...