Forecast of Gold According to Gold's H4 time frame chart, the price was overbought, which is why it dropped over the last few candles and stopped responding to bears when it tested the 50 EMA line within the price decline. A few hours ago, after...
The NZD/USD is trading near the 0.56630 ratio as of this writing in what appears to be rather cautious proceedings. The U.S Federal Reserve will release its FOMC Policy Statement later today, but most financial institutions assume the U.S central...
The GBP/USD pair continues to trade within a narrow range around the 1.2400 level as the US dollar extends its recovery ahead of the highly anticipated Federal Reserve (Fed) policy decision. Although the Relative Strength Index (RSI) on the...
EURUSD EURUSD outlook: The EUR/USD pair continues to be influenced by the widening economic disparity between the U.S. and the Eurozone. The U.S. economy has shown more resilience, particularly with strong labor market data and a hawkish stance from...
Gold Market Analysis Trading Outlook I hope everyone is doing well. Looking at the current market dynamics, gold's price movement has been intriguing. Given the apparent weakness in the resistance level, gold should have already moved higher....