T E C H N I C A L _ A N A L Y S I S X A U / U S D Good morning fellow traders, In Today's analysis, I will discuss the XAU/USD pair. XAU/USD is trading at 2865.38 at the time of writing. If you look at the USD index, the current price is still in a...
The USD/CHF pair rebounded from its recent losses, gaining over 0.36% and trading at 0.9048 at the time of writing. This recovery comes after the pair found solid support near the 50-day Simple Moving Average (SMA) at 0.8998, forming a “tweezers...
Gold prices have recently surged, reaching an all-time high of $2,882. However, this impressive rally has encountered some resistance, with sellers attempting to push prices lower. The lower boundary of the Breakout Bullish Channel, currently around...
THE CURRENCY PAIR CAD-JPY Hello everyone! Let's look at the CADJPY chart on the H1 timeframe. Here we see that after sharp price jumps on Monday, on Tuesday the pair drew a divergence on the chart along fractal peaks in the overbought zone and then...
EUR/GBP The EUR/GBP pair edged greater to round 0.8370 in early European buying and selling Thursday, breaking a five-day dropping streak. However, the pair's upside possible may want to be restrained by way of the European Central Bank's (ECB)...