Today, we discussed a trading idea regarding the XAUUSD (GOLD) currency pair, and I expressed my view that there is still potential for the asset to decline further. I was looking for a reversal to occur from a liquid area of imbalance at 2910.89....
The price is currently trading at 2905 levels and the bullish concept is still active in the XAUUSD market. Therefore, the potential for significant market movement due to this economic release means traders must be strategic about how they manage...
PAIR REVIEW NZDUSD Hello! When the pair was trading near the support of 0.55803, there was a volume for sale here. I assumed the pair would go further lower. As a result, there was growth, the growth was to resisting 0.56431. The pair rolled back....
The euro experienced a modest demonstration during the negotiation of early Monday, although the measure was accompanied by significant volatility. Operators must pay close attention to key technical levels: level 1.09 seems to serve as a strong...
Analysis of GBP/JPY on H4 Timeframe Good evening, everyone. In this analysis, I will examine the GBP/JPY currency pair using the H4 timeframe. As of now, the price is trading below both the 21-period and 34-period Moving Averages, indicating that...