xauusd analysis on dated 20-10-2022
This suggests we may see a short term pullback into the consolidation lows or into the higher time frame lows of $1640.00 and resistance. A bearish rejection at these levels could invite the current sellers an opportunity to add to their positions. Gold is...
xauusd analysis on dated 10-10-2022
Looking at the chart the price has broken down through the range lows around $1688.00. A consolidation pattern formed under this level causing the price to fall again to a minor support at $1672.00. If the price is going to continue lower we would...
audusd technical analysis on dated 07-10-2022
The AUDUSD currency pair, which represents the exchange rate between the Australian Dollar (AUD) and the United States Dollar (USD), is a pivotal and closely watched instrument in the world of forex trading. It holds significant importance in the global financial markets due to...
Xauusd Technical analysis on dated 06-10-2022
XAUUSD, also known as the gold-to-dollar currency pair, is a popular asset for traders and investors seeking insights into the global economic landscape. Analyzing XAUUSD analysis involves assessing a variety of factors that can influence its price. These factors include macroeconomic data, geopolitical events,...
gbpusd analysis on dated 16-9-2022
The GBPUSD currency pair, often referred to as "Cable" in the financial markets, represents the exchange rate between the British Pound (GBP) and the United States Dollar (USD). It is one of the most widely traded and closely watched currency pairs in the world....
Fibonacci Retracement as Trading Indicator
Fibonacci Retracement is a technical analysis tool that Fibonacci traders use to find potential support and resistance levels. The theory is that after a price moves in a particular direction, it will retrace or pullback to certain Fibonacci levels before continuing in the original...