News for trading Today, we have low-impact news only. The forex market is going to be calm today unless there is breaking news which of course will cause the market to move much. There won’t be enough volatility in the forex market today. To be on...
XAUUSD Technical Analysis XAUUSD remains in an uptrend on the H1 timeframe, currently trading near 2914.76. The price has been forming higher highs and higher lows, confirming bullish dominance. The 150-period moving average (MA) is positioned...
Technical Analysis of XAUUSD As the market reopens today after a two-day hiatus, XAUUSD is currently trading at 2910. The precious metal has shown a relatively stable price action, with key levels of interest identified for potential market...
Bitcoin Price Analysis: Current Trends and Future Projections Bitcoin (BTC), the leading cryptocurrency by market capitalization, has been a focal point for investors, traders, and analysts alike. In recent weeks, Bitcoin has shown a notable...
The provided chart represents the hourly price movement of crude oil (#CL) with Bollinger Bands and the Stochastic (5,3,3) oscillator. The price action shows a clear downtrend, characterized by lower highs and lower lows, along with the consistent...
