GOLD Technical Analysis Update At this point, it is obvious that the gold chart is likely to move higher, therefore, buyers will become a priority. If in the near future we see another upward trend direction, in this case, short positions should be...
Analytical Overview of USD/JPY: Bearish Momentum Continues Greetings to all forum enthusiasts! There’s no disputing that the USD/JPY pair continues to exhibit a strong downward trend. Following such a significant drop, a healthy pullback wouldn’t be...
The EURUSD pair whose price movement is already below the 200 SMA and is testing support (S1) 1.0792 has failed to continue the downward correction phase. The price bounced up significantly after the NFP data report and the US unemployment rate were...
EUR/USD ANALYSIS JULY 03, 2024 The increase in the price of EurUsd occurred after the release of the Non Farm Payroll news last night and the price movement showed stability in the strength of buyers to push prices higher steadily. And when looking...
Analysis of Price Movement and Strategic Trading Scenarios in the Forex Market In the Forex market, price movements are often influenced by key support and resistance levels, which help traders make informed decisions. Currently, the price appears...