The EUR/USD pair continued its impressive ascent on Thursday, decisively breaching its 200-day Simple Moving Average (SMA) following the European trading session. This breakout signaled a significant surge in bullish momentum, reinforcing the pair's...
Gold prices experienced a pause in their upward momentum on Friday, interrupting a three-day winning streak as investors opted to secure profits ahead of the highly anticipated US non-farm payrolls (NFP) report. Additionally, the rising yields on US...
Hello, colleague! Today is the last trading day of the week - it seems that growth will continue on all fronts. What do you think? For #GBP/USD in particular, the following picture is emerging on the daily chart using the wave technique: - MA100 is...
Market Fundamentals: China’s central bank decided to keep the one- and five-year Loan Prime Rates (LPRs) unchanged at 3.10% and 3.60%, respectively. This decision has influenced the AUD/USD pair as traders adjust their expectations. On the domestic...
This is a 3-minute chart of Gold (XAU/USD) from TradingView, displaying price movements with support and resistance levels. The red lines indicate resistance levels where the price has struggled to break above, while the blue lines represent support...
