Since the beginning of the trading day, the price of gold has been oscillating between highs and lows, reflecting a dynamic pattern as it bounces off the lines of a price triangle visible on the chart. A price triangle, a common chart pattern in...
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Daily Trading Chat On GBPUSD: Let's look at the GBPUSD trading instrument - the D1 period chart. Judging by how the price does not want to fall, it most likely will not do so. And let there be a downward resistance line and a bearish divergence on...
EURCHF ANALYSIS I'd like to add an analysis for the movement of the EURCHF currency pair, based on my observation using the H1 timeframe chart. The current trend appears to be bearish, with the price below the 50-period moving average line and also...
The Australian dollar (AUD) strengthened against its US counterpart (USD) following positive trade data released by China on Friday. China's National Bureau of Statistics reported a wider-than-expected trade surplus of $82.62 billion in May,...