Morning Market Update: USD Index and Gold Analysis Good morning, everyone, and welcome to today's live trading discussion. The USD index closed with a bearish trend last Friday, dropping from 104.40 to the 103.05 level. It attempted to test the...
Trading Strategy with USD/ JPY Prices Today, we'll discuss analyzing the USD/ JPY currency pair's price movements. The Japanese yen has strengthened in the context of a weakening US dollar. On the H4 chart, a double-decreasing zigzag pattern is...
A Closer Look at Gold Prices Our conversation will center on the analysis of the Gold price action. On the 15-minute chart, gold's price corrected downward from 2470.94 after hitting a maximum. Support has been found at the MA level, marked by the...
Forex and Cryptocurrency Forecast for August 05 – 09, 2024 EUR/USD: What the ECB and Fed Will Do ● There was a significant amount of news last week, so we will highlight and analyse only the most important ones. Germany set the tone for European...
AUD/JPY Technical analysis of the AUDJPY pair Looking at the AUDJPY pair, it is clear that the trend direction is still down. The price pattern structure also remains below the lower low as no rise has led to a higher high. Meanwhile, price action...