Gold surged on Thursday, breaking new record territory. After opening the day with support around the 20-day moving average (MA), the metal broke out of a tight three-week consolidation pattern and hit a new all-time high of 2,559 (at the time of...
AUD/USD Price Study The AUDUSD price behavior analysis is a topic for discussion. The price is continuously fluctuating around the 0.6724 level, despite the market session on Thursday or last night managing to surge to the level of 0.6730. As can be...
The USD/CAD currency pair is currently trading above its daily opening level of 1.3564 and the daily Pivot level of 1.3559. Key indicators suggest a bullish trend, as the price is holding above the MA71 trend line, where significant volume...
A Symmetrical Triangle Pattern is one of the most common chart patterns observed in technical analysis, typically signaling a period of consolidation before the price moves in the direction of the breakout. This pattern consists of two converging...
XAU/USD News M15 Minutes Have a good mood everyone! The buyer's strength is expressed in the linear regression channel on the M15 chart, which is growing. The stronger the channel slope, the more pronounced the buyer's activity. Bulls are doing...