Forecast of Gold Based on the Gold's daily time frame chart, I will conclude that, although trading activity was in the range zone during the first three trading days of this week, the Gold has been moving toward testing the peak resistance level...
Technical analysis of Crude oil Today I choose GBP/USD for technical analysis. Market prices tend to fall over time. The trend line that helped break the price fall was broken and allowed the price to drop. If the market price broke the trend line,...
Technical analysis of XAUUSD If you look at the gold h1 time frame, the market price is in an uptrend, and gold is rising. Gold prices are in an ascending channel, and prices should break out of the channel bottom at 2777. Gold is currently in an...
During Friday's European session, the EUR/USD drops to around 1.0370 due to selling pressure. As the Euro (EUR) weakens and inflationary pressures in six German states decrease, the leading currency pair falls. Eurozone pricing pressures are likely...
Market Fundamentalsata released by the National Bureau of Statistics of China showed that Industrial Production grew by 5.4% year-over-year (YoY), slightly surpassing market expectations of 5.3%. In contrast, Retail Sales increased by 3.0% YoY,...
