Technical analysis of XAUUSD Today I chose gold for technical analysis, and the market price is currently on a downtrend line, helping the price fall. The market price is descending, and the market price is currently at the 2608 support level. With...
Based on the chart, it includes the **Ichimoku Kinko Hyo** indicator, which is used to identify trends, support and resistance levels, and momentum. ### **Chart Analysis:** 1. **Overall Trend:** - The price is trading at 2621.54 (Sell) and 2621.96...
The Cable faced a challenging trading session last Friday, grappling near the 1.2600 handle as bullish momentum faltered. Despite testing a fresh four-week high, buyers were unable to push the pair beyond 1.2690, leaving near-term momentum trapped...
Volume Trading Volume trading in forex refers to the analysis and use of trading volume to identify market trends, potential reversals, and the strength of price movements. While the forex market operates differently from stock markets, where volume...
Crude oil prices experienced a decline on Monday, with West Texas Intermediate (WTI) trading around $69 per barrel. This downturn followed a brief period of bullish momentum in the Asian market, which quickly dissipated during the US trading...
