The currency pair is struggling to maintain momentum after a brief intraday uptick, with its recovery faltering in recent days. Earlier this week, it hit its lowest level since July, dropping to around the 157.00 mark, before attempting a modest...
Forecast of Gold The price of Gold fell sharply on Wednesday of this week and for a few hours on Thursday, according to the technical analysis of the H4 time frame chart. The price decline was so severe that it caused the Gold price to test the...
Analysis of AUD/USD Currency Pair: Current Trends and Future Prospects Recent Downtrend The AUD/USD currency pair has been in a sustained downtrend for quite some time. On Wednesday, the pair breached a crucial long-term support trend line that has...
Candlesticks are one of the most popular tools in technical analysis, providing visual representations of price movements over a specific time period. Originating in Japan in the 18th century, candlesticks are widely used to analyze forex, stocks,...
The AUD/USD has been in a downtrend, as indicated by the series of lower highs and lower lows. However, the recent price action suggests a potential reversal or consolidation phase. The pair has bounced from the 0.6200 region and is now trading at...
