Technical Analysis

The EUR/USD currency pair has exhibited a notable upward trajectory, establishing its strength above the 1.1225 resistance level. This bullish inclination signals a significant shift for traders who have been monitoring euro performance closely. After encountering support around 1.1135, the Euro surged past the crucial 1.1200 mark, indicating robust momentum against the US Dollar. Not
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Recent developments in precious metals and energy sectors suggest a bullish turnaround, particularly for gold and West Texas Intermediate (WTI) crude oil prices. Gold’s price movement has shown a resilient pattern, defying recent bearish trends with a firm breakout above the $3,210 resistance threshold. This shift marks a significant milestone, indicating a broader market recovery
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The Australian Dollar (AUD) and New Zealand Dollar (NZD) have recently emerged from a period of stagnation, showing promising signs of recovery against the US Dollar. After finding significant support at 0.6370 for AUD/USD and consolidating above 0.5915 for NZD/USD, traders are keenly watching the charts for potential upward movements. This analysis not only provides
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Gold has always been a barometer of both economic stability and uncertainty, and present circumstances certainly check both boxes. The XAU/USD chart indicates a significant uptick in the Average True Range (ATR), a technical indicator often used to gauge market volatility. As tensions escalate between India and Pakistan, traders are witnessing a surge in market
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In the ever-evolving world of forex trading, the USD/JPY exchange rate finds itself at a pivotal moment, having marked a notable correction after two days of decline. On Tuesday, trading revolved around the figure of 143.78, highlighting the subdued atmosphere surrounding this currency pair. Recent optimism over US-China trade negotiations has bolstered the dollar’s strength,
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