Gold technical view In this month's trading, the pair's price traded within a bullish pattern supported by lower channel lines and the 2512 pivot level. After an up day, a down day will likely bring the price back to its monthly pivot level,...
GBP/USD experienced a significant reversal on Thursday, giving up all of its gains for the day and falling below the 1.3100 level. The pound's struggle to extend its winning streak can be attributed to stronger-than-expected US economic data,...
From a technical perspective, gold prices continue to maintain a bullish trend on the daily timeframe, reflecting strong underlying momentum in the market. The precious metal is currently trading above the critical 100-day exponential moving average...
EUR-JPY H4 TIME FRAME I tried to observe the price movement on the H4 timeframe chart. If we pay attention, we can see that since a few weeks ago, the candlestick movement of the EURJPY currency pair tended to move towards a bullish trend and the...
USD/CAD Price Movement The upward wave structure was finally as the current decline reached a lower point than the previous growth wave. The MACD indicator is also descending, remaining in the lower selling zone and below its signal line. The...