This is a 15-minute candlestick chart of Gold (XAU/USD) from TradingView, showing price movements, support and resistance levels, and buy/sell indications. Key Components of the Chart: Support and Resistance Levels: The red lines represent...
USD INDEX ANALYSIS Good evening. The US Dollar Index (USDX) trades at 104.16, between key support at 103 and resistance at 105 108. US economic data, Federal Reserve policies, inflation reports, and global market sentiment influence the movement of...
EUR/USD Price Action Analysis The EUR/USD price is currently around 1.08027, with the nearest resistance level at 1.08196 and support at 1.07988. The MACD indicator (12,26,9) shows a positive value (0.004199), which indicates bullish momentum that...
Technology Outlook USD/JPY M-30 chart The price at which trading is currently taking place is 147.462, which is under strong pressure from sellers. The second-order level of 148.123 has already been overcome. Of course, with such influence from...
Leverage is a powerful tool in forex trading, but it must be used wisely. While it can increase profits, it also comes with high risks. Successful traders use leverage cautiously, combining it with proper risk management strategies to protect their...
