Chart Overview This chart, sourced from OANDA, displays the gold spot price (XAU/USD) over a 1-hour timeframe, covering dates from August 18 to August 30. The current price is 3,081.825, with a slight decrease of 0.11% from the previous close,...
The euro (EUR) experienced a recovery against the US dollar (USD) on Thursday, marking a 4% increase and halting a six-day losing streak that had seen the currency depreciate by 2% from peak to trough. While trade tariffs remained a primary concern...
I have been closely monitoring EUR/USD on the H4 chart using the Ichimoku indicator, and the situation is getting interesting. The Ichimoku Cloud has entirely shifted to a bearish structure, actively reinforcing the downside. I can see that Kumo is...
The AUD/JPY pair continued its downward trajectory on Friday, settling near the 94.30 level after the European session and inching closer to the lower boundary of its intraday range. The sustained selling pressure underscores the growing bearish...
Market Analysis: EUR/USD Trends The EUR/USD chart reflects notable activity within a 4-hour timeframe, showcasing short-term price fluctuations as well as broader market trends. Here’s a breakdown of the key insights visible from the chart and their...