XAUUSD (Gold) Trading Analysis Good Evening. Gold (XAUUSD) is trading at 2,907, positioned between key support levels at 2,878 and 2,830 and resistance levels at 2,931 and 2,957. The Relative Strength Index (RSI) is a crucial indicator in assessing...
NZD/USD Price Action Forecast Since last Thursday, the NZDUSD movement has not gone up anymore but has started to go down. That happened when the candle reached the shoulder area at 0.5752. The shoulder area that could not be penetrated was what...
The narrower the spread, the easier it is for day traders to achieve profitable trades. A smaller spread allows traders to enter and exit positions more efficiently, minimizing the impact of transaction costs on potential gains. Spreads can...
EUR/JPY Analysis: Weekly Overview The EUR/JPY currency pair has displayed a mixed performance this week, indicating a lack of clear direction in the market. At the beginning of the week, the pair showed an upward movement, breaking the support level...
The AUDUSD currency pair with an M15 timeframe already has a good signal, it's time to do an analysis. The increase in the price of AUDUSD is higher than the resistance, indicating that buyers have dominated the market. The strengthening of the...
