AUD/USD As of today, AUD/USD is trading around 0.6273, showing some recovery from its recent low of 0.6080 earlier this month. I’ve noticed that this rebound aligns with the 23.6% Fibonacci retracement level, suggesting some bullish potential....
The USD/JPY chart presented is a 1-hour timeframe, showcasing recent price movements with the inclusion of Bollinger Bands and the Stochastic (5,3,3) indicator. Observing the chart, we see a recent bullish surge that has pushed the price toward the...
Current Market Overview The EUR/USD currency pair is currently showing stability above the 1.0350 mark during the European trading session on Wednesday. This steadiness can be attributed to a cautious market sentiment as traders await critical...
GBP/USD Analysis and Trading Strategy Current Market Conditions The GBP/USD pair is struggling to gain momentum after closing in negative territory on Monday. It is trading within a narrow range just above the 1.2350 level. Market participants are...
XAUUSD Technical Analysis XAUUSD closed the previous daily candle with a bearish formation, indicating potential weakness in the market. Yesterday, gold reached a high of $2941 before closing bearish at $2898. Today’s daily candle opened at $2898...
