Overall Trend: The PEPPERSTONE:XAUUSD pair has been riding a bullish trend over recent months, with gold prices hitting all-time highs in September 2024 near $2,635 per ounce. Currently, the pair remains above the 50- and 200-period moving averages, reinforcing the continuation of the upward trajectory. Key Support and Resistance Levels: Support: $2,657...
Overall Trend : On the daily chart, PEPPERSTONE:GER40 ( XETR:DAX ) has been exhibiting a bullish trend, operating within an ascending channel. We are currently at the 50% mark of the ascending channel, a point of indecision at the moment, as signs of exhaustion are observed following significant upward movements, suggesting a potential short-term consolidation...
The PEPPERSTONE:GER40 XETR:DAX has exhibited a consistent bullish trend in recent months, trading within an ascending channel on the weekly chart. However, on the daily chart, signs of exhaustion are emerging following significant upward moves, suggesting a potential short-term consolidation or correction. Support and Resistance Levels: Resistance 1:...