The Story in the Charts: Gold Let's discuss the current price behavior analysis of the Gold. Bears exert pressure today, potentially causing a rebound from the descending trend line to a high of 2448.71. If this movement continues and we observe a...
Hello all, If buyers manage to push the price above the 157.64 resistance, it could lead to further upward momentum. In this case, the next target for the USD/JPY pair would be the higher resistance level of 1.5123. Reaching this level would suggest...
I've analyzed the dynamic pricing behavior of the GBP/USD currency pair, and my forecast has proven accurate. Monday's high was recorded at 1.2697, and the subsequent pullback was smooth, guiding us to the desired levels without any issues. We...
The pair is experiencing mild losses, trading around 1.2636 during the early Asian session on Wednesday. The extended gains in the US Dollar (USD), driven by a cautious market mood, are weighing on this major currency pair. Investors are eagerly...
In my morning forecast, I pointed out the level of 1.0701 and planned to make trading decisions based on it. Let's look at the 5-minute chart and analyze what happened there. The breakout and retest of 1.0701 after weak German statistics led to...