Early in the American session, gold was trading around 2,740 within the symmetrical triangle pattern below the 21 SMA. We observe that gold is showing some recovery as it is consolidating abov...
Analysis of Trades and Trading Tips for the Japanese Yen The test of the 152.15 level occurred when the MACD indicator had moved significantly below the zero line, limiting the pair's downward ...
Analysis of Trades and Trading Tips for the British Pound The test of the 1.2974 level occurred when the MACD indicator had moved significantly above the zero line, which limited the pair's upw...
Analysis of Trades and Trading Tips for the Euro The test of the 1.0895 level occurred when the MACD indicator had moved significantly above the zero line, which limited the pair's upward poten...
So, the US presidential election has kicked off. Back in 1845, the US Congress mandated that presidential elections always be held on the first Tuesday after the first Monday in November. Current...
In my morning forecast, I highlighted the level of 1.2990 as a key entry point. Let's take a look at the 5-minute chart to see what happened. The pair rose but didn't reach the level for testing ...
In my morning forecast, I highlighted the 1.0888 level as a key entry point. Let's look at the 5-minute chart to analyze what happened there. The increase and formation of a false breakout at tha...
The EUR/GBP pair consolidates as investors adopt a cautious stance ahead of the Bank of England's pivotal meeting on Thursday. The Bank of England is expected to focus on a long-term outlook of...
Today, gold is attracting buyers on pullbacks, supported by multiple factors. Demand for safe-haven assets, influenced by tense U.S. presidential elections and the risk of further geopolitical es...
Today, the Japanese yen weakened slightly, but the decline remains limited. Japan's political landscape may hinder further interest rate hikes by the Bank of Japan. However, Bank of Japan Governo...
On Monday, the EUR/USD pair returned to the 161.8% corrective level at 1.0873. A rebound from this level could signal a reversal in favor of the euro and a resumption of growth towards the resist...
On the hourly chart, the GBP/USD pair returned to the support zone of 1.2892–1.2931 on Monday. A rebound from this zone suggests a possible reversal in favor of the pound and a resumption of gr...
U.S. STOCK MARKET WRAP-UP: ELECTION ANTICIPATION AND INVESTOR ANXIETY U.S. stocks ended slightly down on Monday after a volatile trading session, with investors bracing for a decisive week as th...
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EUR/USD Higher Time Frames Yesterday, the monthly short-term trend resistance (1.0909) was tested. Despite the significant upward gap at the opening and the bulls' persistence, the outcome is...
Bitcoin has faced renewed pressure, momentarily dropping below $67,000. The primary pressure on the crypto market stems from the U.S. presidential election and the candidates' chances of winning....
Analysis of Trades and Trading Tips for the Japanese Yen The test of the 152.01 level occurred when the MACD indicator had just started moving up from the zero mark, confirming a valid entry po...
Trade Analysis and Tips for Trading the British Pound The test of the 1.2986 level occurred when the MACD indicator had already moved significantly upward from the zero mark, which limited the ...
Trade Analysis and Tips for Trading the Euro The test of the 1.0892 price level occurred when the MACD indicator had already moved significantly downward from the zero mark, which limited the p...
Even an extremely weak report from the U.S. Department of Labor has failed to impact the currency market, and it has been largely stagnant since the end of last week. While there have been some f...
ANALYSIS OF MACROECONOMIC REPORTS: There are very few macroeconomic events scheduled for Tuesday. The only notable report is the ISM Services PMI from the U.S. This is indeed critical. The Manuf...
From what we can see on the 4-hour chart, the NZD/USD commodity currency pair appears to be dominated by Sellers, which is confirmed by the Kiwi price movement below the WMA (30 Shift 2) which al...
ANALYSIS OF MONDAY'S TRADES: 1H CHART OF GBP/USD PAIR On Monday, the GBP/USD pair also slightly increased, but it didn't last long. The British pound rose following the release of weak U.S. mac...
ANALYSIS OF MONDAY'S TRADES: 1H CHART OF EUR/USD PAIR On Monday, the EUR/USD currency pair showed an upward movement, just as we anticipated. The macroeconomic background on Monday was relative...