Good afternoon everyone, and happy May 9th Independence Day! Today I want to continue my review of the latest trading week for the USD/JPY currency pair and share my current market outlook based on the four-hour chart analysis. During the recent...
Gold Short-Term Outlook: This article provides a detailed analysis of the current price trends of gold. While the timeframe structure of gold still shows a downtrend, it is important to remember that corrections are a natural part of market...
Gold (XAU/USD) demonstrated remarkable resilience on Friday, advancing approximately 0.75% to settle near $4,711 as a complex interplay of shifting yields and geopolitical "peace optimism" outweighed a surprisingly robust U.S. labor report. Despite...
According to the H4 timeframe of gold, we can see that currently the gold market is trading below the resistance level of 4775. The market has recently completed a bullish recovery from the descending channel breakdown structure, but momentum is now...
BTC/USD MARKET OVERVIEW 9 MAY BITCOIN H1 CHART Looking at the H1 chart first, I honestly feel like Bitcoin is trapped in a very emotional short-term battle right now. The current price around 80,130 shows the market trying to stabilize after that...