The main events by the morning: August 6 Goldman Sachs forecasts a rise in gold prices to $2,700 per ounce. Goldman Sachs Group analysts noted that long positions in gold currently represent the most valuable hedge among all commodities. The average...
NZD/USD Analysis on the H1 Time Frame The current picture for the NZD/USD pair on the hourly chart shows a continuing bearish trend. The price remains below the Ichimoku Cloud, indicating a strong bearish impulse. This setup suggests that short...
Analyzing USDJPY through Fibonacci numbers provides a structured method for identifying trading opportunities and forecasting price movements. By applying a Fibonacci grid to yesterday’s trading data, you can pinpoint crucial levels for technical...
Ichimoku Cloud Analysis and Trading Strategy for NZD/USD The Ichimoku Cloud, also known as Kumo, is currently acting as a resistance to the market growth, which was initiated by the crossing of the Tenkan-Sen conversion line at 0.59495 above the...