GOLD ANALYSIS 03 AUGUST 2024 Observing the price of Gold seems to be contrary to the results of the US employment data report last night in the New York session. The price of Gold should have moved higher after forming resistance at 2472. However,...
Analytical Overview of the USD/JPY Trading Instrument Greetings to all forum enthusiasts! Let's dive into the analytical overview of the USD/JPY trading instrument. The closing price of USD/JPY is at 146.51. Several technical indicators point...
EUR/USD Technical Analysis Now that the price is trading above the weekly pivot of 1.0820 and the lower channel lines, it is trading in a support area. For the pair, we have an ascending pattern where the price begins trading within price channels...
CL Analysis Oil's price begins to form the day's peak as it falls from the blue channel line, as shown on the chart. As of today, the price of oil is trading within price channels, one of which is bullish, reflecting yesterday's price movement, and...
EUR/JPY H -1 Time Frame Chart H1 Chart. Here, of course, the waves structure produces it down, and under its signal line, the low sales zone and the MACD indicators are low. But here we can observe a sharp deviation in the MACD signal. Also, on the...