Gold Technical Analysis and Uptrend Continues. Gold is currently showing strong positive momentum and is trading near 2906. The market gained momentum after breaking the key resistance level of 2885, which led to an increase in price. Gold reached a...
Technical analysis of the EURUSD pair The technical analysis of the pair on the 4-hour chart shows that the price is trading in a sell zone as the price is now targeting to break the rising red channel, which represents the general trend during the...
USD/JPY is currently at a crucial juncture, with 151.80 serving as a key pivot level that will determine the pair’s next major move. The formation of a support base at this level has allowed for temporary price stabilization, and if buyers maintain...
General Points about NZDUSD: So far, NZDUSD buyers have recovered up to 60 pips of their losses because the market had dropped to the 0.5656 level on Friday. The significant level acted as a temporary support, allowing buyers to step in and push the...
GOLD So they should not scare anyone, these are technical indicators from which we draw a conclusion. These are not conditions for entering a sale, the accumulation of levels shows that the zone is strong there, they can give a rebound and a...
