TRADING CHART ON GOLD D1. The provided daily chart of gold (GOLD, D1) showcases a robust and sustained bullish trend that has been in play since mid-2023. The price is consistently trading above its 200-day moving average (red line), which serves as...
Gold prices experienced a modest uptick on Tuesday, recovering from a slight dip earlier in the week. This surge followed the release of the US Producer Price Index (PPI) data, which revealed a slower-than-expected increase in producer prices. This...
EUR/USD Price Action Recap The EUR/USD price behavior analysis is presently up for discussion. The EUR/USD H4 chart highlights a potential bullish outlook, supported by key technical indicators. The price has recently climbed above the short-term...
The euro staged a significant rally against the dollar on Tuesday, surging more than 8% intraday, driven by optimism surrounding potential political developments in France. This surge followed a period of heightened market anxiety, with the EUR/USD...
The USDJPY price experienced a significant decline last week, making the downward trend appear likely to continue. However, the price has remained stable since then and shows no further signs of decline, creating uncertainty. While there are some...