The provided chart shows the hourly price movement of GOLD (XAU/USD) with a strong uptrend from mid-December to early February. The red moving average (likely a 50-period or 100-period MA) indicates dynamic support, which the price has respected...
AUD/USD Market Outlook Greetings and Good Morning to everyone! The overall market sentiment of AUD/USD is still in favor of buyers. Therefore, the traders can open a buy order with a short target of 0.6272 ahead. Also, the Australian Retail Sales...
WTI Oil Daily Time Chart Analysis West Texas Intermediate crude has been under intense pressure over the past three weeks. The pair falling 6% from its January high of $79.36. The market crashed on Tuesday, with the price falling to $70.66....
A morning star candlestick pattern is a visual cue in technical analysis used by traders to identify potential reversal points in the market. It's considered one of the key signals indicating a bullish reversal following a downward trend. The...
Technical analysis of GBPNZD Today we will do a technical analysis of GBP/NZD. For an idea of the market, it is necessary to do technical analysis, And for this, we take the help of different types of levels and indicators. If we look at the market...
