TRADING CHART ON GOLD H1. The gold price chart presented demonstrates a clear bullish momentum on the H1 timeframe. The price is currently testing a critical resistance level near 2675, which has acted as a key barrier in recent trading sessions. A...
Why Technical Analysis is More Important Than Fundamental Analysis Understanding Technical and Fundamental Analysis When it comes to analyzing financial markets, traders and investors often debate the merits of technical analysis versus fundamental...
TRADING CHART ON GBP USD H1. The provided chart showcases the GBP/USD currency pair on a 1-hour timeframe, presenting a clear view of its recent price action and technical setup. Currently, the pair is trading near the support level of 1.22872, with...
•••USD/JPY: Market Trends and Movements Today(January 10,2025)••• • Right now, the USD/JPY currency pair is holding steady around the 158.45 mark. With a narrow spread between bid and ask prices, this suggests an active and engaged market, with...
Technical analysis of GBPUSD Today I choose GBP/USD for technical analysis. Market prices tend to fall over time. The trend line that helped break the price fall was broken and allowed the price to drop. If the market price broke the trend line, it...
