GOLD GOLD, As you can see, it was not possible to go below my level, around which they were spinning for a very long time. Now the movement to 2679.84 will go and have already come very close to this resistance line for a breakout and exit to...
GBP/USD Forecast for January 8, 2025 On the hourly chart, GBP/USD climbed to the 200.0% retracement level at 1.2569 on Tuesday, rebounded from it and turned in favor of the dollar before falling below the 1.2488-1.2508 support zone. This...
The GBP/JPY H1 chart presents a clear depiction of recent market movements, emphasizing the interplay between price action and technical indicators such as Bollinger Bands, Standard Deviation (StdDev), and Average True Range (ATR). This analysis...
Based on my analysis, the price of gold has struggled to break below the key level of around 2,600, which has acted as a strong support for a prolonged period. Now, the market is approaching a critical resistance at 2,679.84, and I believe this...
GBP/USD Technical Analysis: On the 4-hour time frame for GBP/USD, the market is currently following a clear sell trend. The price is trading below both the 200-day and 50-day Simple Moving Averages (SMAs), indicating a bearish market structure. The...
