Technical analysis of AUDUSD Today I chose AUD/USD for technical analysis and after a few days, the market price rose and broke all resistance levels. But now that the market has broken the structure that helped drive prices down, the market price...
Until the end of last week, the Euro failed to consolidate over the trend lines of price channels and retreated back under the red descending channel line in the weekly chart. This price movement suggests that after closing the introductory gap, if...
Technical analysis of GBPUSD Today I will show you GBP/USD technical analysis. The market is currently in a downtrend. Currently the market is between our resistance level at 1.2520 and support level at 1.2380. If the market breaks our support, it...
Weekly Analysis: Bullish Outlook for Gold Short-Term Technical Outlook Gold's short-term technical outlook remains bullish. The daily chart indicates that the RSI (Relative Strength Index) is nearing 70, suggesting that gold could continue to rise...
Technical analysis of XAUUSD Today I chose gold for technical analysis, the target market is currently in a downtrend, and the price is rising. Gold is currently in support; the price of gold rose from a support level in 2876 to resistance in 2910,...