Technical Analysis of Gold The technical analysis of gold on the 4-hour chart shows further upward movement in the price of gold, as we now have a new target towards the weekly resistance level of 3080. As for gold's movements this week, they were...
GBP/USD has come under renewed selling pressure, slipping back to the 1.2970 region after briefly breaching the key psychological resistance at 1.3000. The pair’s decline is largely driven by a resurgence in US Dollar (USD) strength ahead of the...
Technical analysis of EURJPY Today I choose EUR/JPY for technical analysis, the market price is bearish, which helps to reduce costs. Currently, the market price is expected to fall further toward the moving average after breaking below the 50-day...
The Australian Dollar (AUD) extended its bearish momentum for the second consecutive session on Wednesday, as AUD/USD retreated to a two-day low near 0.6320. This decline was primarily driven by a strengthening US Dollar (USD) following the Federal...
Currency pair EURUSD - chart of the period D1. While the price remains at the top of the considered daily chart, the wave structure is building upward order. The MACD indicator is growing in the upper zone and above its signal line. From the very...