Gold Technical Analysis and Uptrend Continues. Gold is currently showing strong positive momentum and is trading near 2906. The market gained momentum after breaking the key resistance level of 2885, which led to an increase in price. Gold reached a...
GOLD The pair was trading in an ascending trend channel. The lower boundaries of this trend channel were broken, the pair returned back to the range. After that, it broke through the upper boundaries of the trend channel. Near the resistance of...
EUR/USD Price Recap Current Market Situation The H1 chart for EUR/USD is currently displaying an interesting scenario. The price is trading between a support level at 1.0310 and a resistance level at 1.0380, indicating that the market may be...
The Australian dollar began the session with a lower notable gap, but the merchants quickly raised the prices up to fill that void. This movement has put the 50 -day exponential mobile average (EMA) in an acute approach, since it is now around the...
GBP/USD is currently positioned in a bearish structure, with 1.2425 acting as a critical resistance level, limiting any potential upside moves. As long as this level is not breached, the risk of a downward continuation remains elevated, with an...
