The Silver's price behavior analysis is currently open to discussion. Although Silver is formally declining within the descending channel, it is a minor correction within a more significant upward trend. The influential daily bearish candlesticks...
Trading Updates Gold The price movement starting this morning has touched the 100 period simple moving average zone. From several explanations, it has been concluded that for trading at the beginning of the week, it seems that the GOLD market has...
XAU/USD For the second day in a row, there is some selling pressure on the gold price (XAU/USD), which on Wednesday afternoon in the Asian session hit a low of more than a week. In light of the robust US economy, remarks made on Tuesday by Federal...
Previously, USDCAD experienced a very deep decline after the candle was unable to penetrate the supply area at the price of 1.3782. If I'm not mistaken it happened on Wednesday. The currency pair was able to fall by around 70-80 pips. However, after...
The EUR/JPY pair is showing signs that it might continue to go down. Recently, the pair has been closing consistently below the 171.20 level, and it even dropped to 170.90. This suggests that the market is still under bearish pressure. The...