•••EUR/USD: Market Update – January 15, 2025••• • The EUR/USD pair is trading at around 1.1165 today, with the market holding steady as traders prepare for upcoming economic events. While the pair has been consolidating in recent sessions, the...
TRADING CHART ON GOLD D1. The provided daily chart of gold (GOLD, D1) showcases a robust and sustained bullish trend that has been in play since mid-2023. The price is consistently trading above its 200-day moving average (red line), which serves as...
The GBP/USD currency pair did not come close to the moving average line on Tuesday. Although a new corrective movement appeared to be starting on Monday, it quickly lost steam. During both Monday and Tuesday, the market had no reason to abandon...
XAU/USD FORECAST WEDNESDAY, 15. 01. 2025 Xauusd fell again after approaching the sell block order area (2710-2725). The dollar which strengthened again with the results of last week's NFP data stopped the increase in xauusd. The price fell again...
Gold prices retreated on Friday after reaching a swing high of $2,698, encountering resistance following a bullish breakout above the trendline and completion of the 78.6% Fibonacci retracement. Despite Monday's bearish reversal pattern and weak...