The price of gold (XAU/USD) is showing signs of recovery after trading around $2,320 on Thursday. This rebound comes after a period of pressure on the metal. Several long-term global factors are contributing to this positive trend. One key driver is...
AUD-USD PAIR FORECAST Currently, there is a bearish potential that needs to be considered in the AUD/USD pair, especially when observing the M30 time frame. In the support resistance analysis, we identified two important levels, namely the minor...
The British pound faced an uncertain path against the US dollar on Thursday. The currency hovered near its longer-term moving average, lacking a clear direction. This indecisiveness stemmed from mixed signals from the US economy. On the positive...
AUD-USD PAIR ANALYSIS Today, we will review the AUD/USD pair from a technical analysis perspective. We will start from the daily time frame to get a comprehensive picture of the dynamics of price movements. On the daily time frame, the price of...
Gold was sending mixed signals as it continued its downtrend. This week started the slow turn, breaking the previous week’s low of 2,307. Also, the daily bear flag was confirmed yesterday, resulting in a weak finish in the lower trading range of the...