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 at a support level; the price of gold rose from a support level in 2896 to a resistance...
GBP/USD The GBP/USD daily chart indicates strong bullish momentum as the pair has surged above key resistance levels, hinting at further upside potential. The price has decisively broken through the 200-day moving average, signalling a shift from a...
USD/JPY After the bulls failed to push the price back above the 200-day moving average, I observed the bears taking control from the level of 149.69. I noticed that they managed to break through the intraday ascending support line and quickly drove...
The USD/JPY pair is currently exhibiting a bearish bias, and I believe the downward momentum could persist in the near term. I observe that the buyers' vector is not developing strongly, which increases the likelihood of further declines. I expect...
EURUSD currency pair - let’s look at the D1 period chart again today. The wave structure is building its order upwards. The MACD indicator is growing in the upper zone and above its signal line. Until the middle of last week, the price tried to push...
