T E C H N I C A L _ A N A L Y S I S X A U / U S D Good morning. Taking a look at this chart below, it is noticeable that XAU/USD is trading around the moving average line MA (20) at 3105.62. According to my chart observations, the market is in a...
The silver (XAG/USD) H1 chart reflects a sharp bearish movement following an extended period of gradual bullish progression. Before the recent decline, silver exhibited a steady uptrend, forming higher highs and higher lows, suggesting strong buying...
I’m analyzing the pair within the context of a clear downward trend channel. I observe that the price initially broke through the upper boundary of this channel, and I see that it pulled back to retest this breakout level. I recognize that during...
Take Profit In forex trading, Take Profit (TP) is an order that a trader sets to automatically close a position once it reaches a certain level of profit. It’s a key part of risk and money management and helps traders lock in gains without having...
Silent Points about USDCAD: The USDCAD market has reached the 1.4111 level, showing strong bullish momentum that suggests the pair could continue moving higher. Recent price action reflects growing demand for the U.S. dollar against the Canadian...
