The USD/CHF H4 chart shows a clear uptrend that peaked around the 0.9160 level before retracing towards the current price of 0.8974. The price action demonstrates a strong bullish move that started in mid-September, with higher highs and higher lows...
Currency pair GBPUSD H-4 chart. The wave structure is currently built in an ascending order, the MACD indicator is in the upper purchase zone. The price is also at the horizontal support level of 1.2625. Last week, the price did not move much;...
T E C H N I C A L _ A N A L Y S I S A U D / U S D Hello, Instaforex and mt5 Forum members and visitors. I intend to write an article today on the current behavior of the price of AUD/USD. At this time the price of AUD/USD has crossed the 0.6234 zone...
T E C H N I C A L _ A N A L Y S I S X A U / U S D Currently, XAU/USD is trading roughly at 2935.34. A moderate downward correction is quite possible for this instrument in the first half of the day, but the main scenario is the continuation of the...
Gold commenced the week with a modest uptick, attempting to recover from the previous Friday's retracement. However, this upward movement encountered immediate resistance around the $2,878 per ounce mark, effectively halting its progress. The...
