Price Action Overview The chart shows a bullish trend, with gold prices moving upward steadily before hitting resistance near the 2627 level. The latest candlesticks indicate a pullback from this resistance zone, suggesting some profit-taking or...
GBP / USD: An hourly time frame Recommendation Yesterday, the bear pressure continued in the market of GBP/USD throughout the entire day, with the sellers maintaining control and pushing the price lower. Based on the current trend, I recommend a...
T E C H N I C A L _ A N A L Y S I S U S D / J P Y Good Morning Visitors. Let’s focus on the USD/JPY price action. USD/JPY is trading at 154.20 at the time of writing. The US dollar index is in negative territory, which indicates that the US currency...
Who to trade with momentum in forex trading. is trading on momentum? Momentum trading is a strategy that involves taking a position based on the strength of a market trend. It's a popular way of trading in volatile markets, as the goal is to find...
Gold Market Whys: Upside Trends and Momentum The price action, for the moment, indicates that gold is in the hands of bullish buyers, who have a strong upward momentum. If investors become optimistic about gold prices, more will buy, which means...
