Technical analysis of XAUUSD I chose gold for technical analysis today, and the price of gold is rising. The bullish line helped its price move higher. The price of gold, which had previously fallen but disrupted the market, is now rising. Market...
GBP/USD Trading Analysis Overview of the Current Market Situation In the world of forex trading, the GBP/USD currency pair is one of the most actively traded pairs. With its volatility and liquidity, traders often look for opportunities to...
Gold Analysis In an attempt to snap an eight-week winning streak, gold prices hovered near a two-week low of $2,900 an ounce in Asian trading on Friday. As risk aversion loomed on Friday, gold prices fell as the U.S. dollar (USD) moved to Asia....
GBP/USD Analysis on H1 Timeframe This morning, I will be analyzing the GBP/USD currency pair using the H1 timeframe. Currently, the price is trading below both the 21-period and 34-period Moving Averages. This indicates that the market is in a...
USD/CHF H1 Chart The USD/CHF market is following an uptrend and is showing strong bullish momentum in the H1 timeframe. The price is currently trading at 0.90154, reflecting the positive movement in the market. The USD/CHF market recently broke the...