Technical Analysis of XAUUSD (Gold) XAUUSD is currently trading at 2925, showing strong bullish momentum. reflecting a consolidation phase within a defined range. The immediate support level is identified at 2921, while resistance is positioned at...
I wish everyone a great mood! The linear regression channel indicator shows that the seller remains active and strong, as the channel slope points to the south. I am considering sales, starting from the upper channel border of 2944.51, where...
Technical Review of USDJPY For today’s analysis, I will focus on USD/JPY. The pair is currently oscillating between a minor resistance at 150. 96 and a support level at 149. 09. The market price consistently adheres to these resistance and support...
General Observations on EURJPY The EUR/JPY pair has hit a level of 156. 27, indicating that sellers are firmly in charge of the market. The pressure from sellers has pushed the price lower, and if the negative sentiment continues, we might observe...
GBPUSD outlookThe GBPUSD currency pair is experiencing downward pressure primarily due to the robust performance of the US Dollar and worries regarding the economic conditions in the UK The Federal Reserve's aggressive monetary policy and the...
