Today, I want to share my analysis of the gold (XAU/USD) market. This morning, we saw an uptrend re-emerging at the 2350 level, driven by a decline in the currency index to 94.58. Gold experienced a two-year uptrend until June 2024, followed by a...
GBP/USD Good morning. Yes, yesterday buyers again left no chance for sellers, although attempts to go down were during the day. And strangely, the data on non-farm came out better than the forecast, but this did not help the Dollar to strengthen,...
EUR/USD Technical Analysis The price is now moving in a reverse pattern where the falling and rising lines cross, then reverse, and the price stops at the rising line. This week, the price started trading in a pattern that reflects the price of the...
Order block strategy Order block strategy in forex trading is a technical analysis technique that focuses on areas where orders of large organizations are placed, often leading to significant price movements Order blocks can be seen as supply and...
Technical analysis of gold Daily chart On a daily chart for gold, the price is trading in good buying areas, as the price traded in an upward direction during trading on Friday and gave a positive close indicating more rise during the coming week....