XAUUSD Technical Analysis I am doing a technical analysis of the XAUUSD pair in the H1 timeframe. The price rose to approach the high/resistance line of 2785. However, the next movement stopped, and this week's market close price was still below...
The GBP/USD pair mirrors the bearish setup seen in EUR/USD, with price action signaling a strong likelihood of further downside. On the 4-hour chart, the initial break of structure highlights a significant shift in market dynamics, as sellers gained...
Euro faces resistance to 1.05: a potential short opportunity The Euro recently broke the level of 1.05, but the rally seems to have lost their breath because the currency hints at considerable resistance. This development has attracted the attention...
Forex and Cryptocurrency Forecast for January 27 – 31, 2025 The past week in the financial markets has seen mixed movements across major currency pairs, cryptocurrencies, and commodities. The euro-dollar pair (EUR/USD) has been navigating a...
Australian Dollar Struggles Below Key Resistance: Bearrish Moad The Australian dollar attempted to rally during Friday's retail session but, like the Euro, faced significant resistance near the 50-day moving average (EMA). The currency hit a barrier...
