As we can see gold opened with a narrow gap up on Friday, indicating no significant movement in the campaign so far. However, I still believe there is potential for new bullish activity. Nonetheless, this upward movement might form a bearish flag,...
Greetings! It might be prudent to wait and observe how the price moves within the current range before making any decisions. Specifically, we need to monitor for a potential break of the resistance level at 162.60 or the support level at 161.70. At...
USD/CAD Analysis The USD/CAD currency pair is currently trading between 1.3745 and 1.3590, with significant resistance and minor support levels. The strike price is near a minor support level, which it has previously tested and rejected. The market...
NZD/JPY,H1 The past week's trends reveals a notable pattern regarding Tokyo's Final GDP impact on sellers, as it didn't yield significant benefits. This lack of advantageous outcomes is underscored by the NZD/JPY market's closure at the 90.74 level,...
Good morning traders! The market behavior is challenging to predict. Historical data shows that such critical levels often result in a simple test and rebound rather than a sustained breakout. Thus, I anticipate the Gold pair to confirm the 0.9350...