Gold is often referred to as a safe haven in forex trading due to its unique qualities and historical role as a store of value. Here’s why gold is considered a reliable choice in trading: 1. Gold as a Safe Haven During times of economic...
USD/JPY Technical Analysis: As of January 13, 2025, the USD/JPY pair is trading at approximately 158.12, reflecting a slight increase of 0.03% from the previous close. The pair has recently encountered resistance near the 50-period Weighted Moving...
T E C H N I C A L _ A N A L Y S I S N Z D / U S D Hello, lovely forum participants and guests. Let's analyze how the price of NZD/USD has changed. NZD/USD is trading at 0.5547 at the time of writing. Technically, we can see in the chart below that...
Forecast of AUDUSD Prior to this, the price had been rising for the price adjustment over the previous several trading days, and the AUDUSD did this once more on Monday of last week. When AUDUSD tested the 26 EMA line on Monday during the price...
PAIR REVIEW USDCHF Hello. For this asset USDCHF, the market is trading above the Nichimoku cloud. The cloud comprises two lines: Span A 0.91170 and Span B 0.91079. At the moment the market was under the cloud they were resistance. At the moment, the...
