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 gold market has experienced a significant bout of volatility, marked by a sharp sell-off that breached the initial support level of 3085, subsequently finding a temporary floor near 3053. However, a robust rebound has since propelled prices...
The crude oil (WTI) H1 chart reveals a significant bearish shift following an extended uptrend. Initially, the price exhibited a gradual and steady ascent, forming higher highs and higher lows, suggesting strong buying interest. This bullish...
The British pound experienced a notable decline against the US dollar on Thursday, briefly breaching the 1.3200 threshold for the first time in six months. This downward movement occurred amidst a broader weakening of the dollar, which paradoxically...
The EUR/JPY currency pair maintains a bullish trend as long as the price stays above the key support level of 161.56. Technical indicators confirm the strength of the uptrend, with the Relative Strength Index (RSI) above the neutral 50 level,...
