After making a brief technical rebound from the $2,600 level at the beginning of the week, XAU/USD found a bid on a calm Tuesday and rose back to $2,625.00 per ounce. As investors close out the year and wait for further fundamental reasons to spark...
Gold prices showed resistance despite last Monday's drop to a five-day low and retested resistance near the descending trendline on Tuesday. It was the fourth consecutive day of testing at this level since last Thursday. At the time of writing, it...
EUR/USD Good morning! The currency pair continues to move actively during the Christmas and New Year holidays. For technical analysis and for clarity, I chose one of the senior timeframes - H4, where you can clearly see how we rebounded from...
Spreads In forex trading, Spreads refer to the difference between the bid price and the ask price of a currency pair. It is one of the primary costs traders face when entering and exiting trades. Understanding spreads is crucial because they...
EUR/USD Technical Analysis: Right now, EUR/USD is hovering around 1.1060, staying in a tight range due to the holiday slowdown. Key support levels I’m watching are 1.1020 and 1.0980, while resistance is at 1.1085 and 1.1120. Looking at the...
