The gold spot price recently traded around $2,630 per ounce, recovering from the 50-day Simple Moving Average. This increase came after a significant price drop, as traders responded to a market downturn caused by global growth concerns. On Monday,...
Daily Timeframe: Naya trading week decline ke sath shuru hua, lekin abhi yeh trend reversal ko indicate nahi karta. Chalo D1 period chart ka jaiza lete hain - EUR/USD currency pair. Wave structure abhi bhi ascending order mein bana hua hai, aur MACD...
The USD/CAD daily chart is presenting a consolidation pattern, with the pair trading near 1.34708 after experiencing a rejection from key resistance levels around the 1.38000 region. Over the past months, price action has been largely range-bound,...
As of September 24, 2024, the USD/JPY currency pair is exhibiting a slow yet bearish trend. The pair has shown signs of weakness due to various market factors, particularly the ongoing pressure from Japan’s struggling manufacturing sector and weak...
This week, the USD/CAD trading trend seems to be following the bullish momentum observed last week. Despite previous declining market conditions, the pair could not break below the 1.3438 price zone, leading to a current upward trend. Analyzing last...