Analysis of trades and tips for trading the British pound The test of the 1.3055 price level occurred as the MACD indicator had just begun to move down from the zero line, confirming a good entry point for selling the pound. However, as seen on the...
Gold Price Action Insights The present discussion pertains to analysing Gold's price behaviour. Gold might move within a sideways range until the next significant activity, but we’ll need to wait and see. There is potential for a sizeable double-top...
Gold prices declined to $2659 during early Asian trading on Monday, ending a two-day winning streak. This drop was mainly due to weaker Chinese economic data and a stronger U.S. dollar. The U.S. dollar gained strength, making gold more expensive for...
Silent Points of USDCAD: This week, Canadian CPI data will also be released, and several news events related to the US dollar are present in the weekly macroeconomic calendar. Therefore, this week could prove to be quite beneficial for fundamental...
Analysis of trades and tips for trading the euro Unfortunately, due to ultra-low volatility, even lower than last Friday, we did not reach the designated price levels. As a result, none of the conditions for market entry were met. The lack of...