Technical Analysis of XAUUSD As of the current market price of 2914, XAUUSD is trading within a defined range, with immediate support at 2907 and resistance at 2927. The price action suggests a consolidation phase, as the asset tests key levels amid...
market has developed successfully, and I can now see that the initial confusion I experienced has given way to a clearer understanding of the situation. I observe that the trend has reached a logical point at the resistance level, which is directed...
GBP/USD Fundamental Analysis: GBP/USD is trading cautiously today as markets digest key economic data and central bank expectations. I’m keeping a close eye on Bank of England (BoE) Governor Andrew Bailey’s speech later today, which could provide...
The GOLD H1 chart shows a strong bullish trend that has been in place for an extended period, followed by a period of consolidation and possible reversal signs. The price has moved upwards significantly, forming higher highs and higher lows,...
Strategic Insights: EUR/ JPY Prices The EUR JPY currency pair appears to be still in a bearish/downtrend condition, but we must also anticipate a trend reversal if the price breaks through the resistance area above and also price consolidation. If...
