The prices rallied modestly on Wednesday during the early Asian session, approaching $2,651 and breaking a two-day losing streak. This recovery was fueled by a weaker US Dollar (USD), which helped provide support for the precious metal. As investors...
PAIR REVIEW AUDCHF Hello colleagues, what if we go down, turn to the chart n1. The price shows us the strength of the Bulls, which is traded at the mark - 0.563. I think that entering purchases is unprofitable and expensive. If the instrument -...
Gold Price Movement Update The analysis of the Gold's price behavior is currently under discussion. Gold has displayed strength today following the release of the ADP Non-Farm Employment Change data. The H4 chart highlights a consolidation phase...
Forecast of GBPUSD The GBPUSD changed the trend direction on November 27th by crossing the 50 EMA line to the upside, as I could see on the H4 time frame chart. The price increased for two trading days after the trend shift on the H4 time frame...
GBP-JPY PAIR FORECAST If analyzed from the 4-hour time frame, it can be seen that since the candlestick failed to penetrate the support area at the price of 188.00, after that the GbpJpy pair has not continued its decline. On the contrary, now its...