The price of gold (XAU/USD) experienced a rebound from multi-day lows on Wednesday, although it remained below the $2,500 level. The renewed buying bias in the US dollar (USD) posed a challenge to gold's upward momentum. However, ongoing...
AUD/ USD: The Role of Price Action Analyzing the AUD/ USD currency pair's price behaviour is open to discussion. When examining the current H1 chart of the currency pair, the market conditions appear favourable for trading with an upward bias. It's...
A Deep Dive into AUD/ USD Prices The analysis of the price behavior of the AUD/ USD currency pair is up for discussion. After analyzing today's daily candle, the bearish trend might lead to a deeper correction than initially anticipated. If I had...
Charting the Course: Gold In our analysis, we're dissecting Gold's current price performance. The pair's movement on the hourly chart forms an inverted triangle pattern. Today, the pair declined, reaching the lower boundary of this inverted triangle...
The euro lingered just above the 1.0845 level, entering a consolidation phase against the U.S. dollar. This sharp decline on Friday wiped out the progress made since the European Central Bank meeting earlier in the week. The euro's ongoing struggle...