The EUR/USD chart is forming a descending triangle pattern, signaling a strong breakout in the near future.
Furthermore, the nine-day Exponential Moving Average (EMA) is lower than the 14-day EMA, confirming the current negative trend in the EUR/USD market. The short-term price momentum is weaker, suggesting that the price will continue to fall.
On the downside,...
Hello, everyone. Let's contemplate the movement of XAU this week: Will it rise or fall?
Below are some of my insights and analysis on XAU. Observing the chart, the trend appears to be upward (reaching a high of $2,759).
As a result, gold buyers will require a sustained advance over the psychological barrier of $2,750 in order to challenge the lifetime high of...