Do the US Dollar going to weak again? The investors may have chosen securing the GOLD due to the war at Red Sea, it significantly effect the performance of USD. Lets wait and watch.
The commodity market still haven't break the parallel channel (Ascending). We assume the price might test new high with the upside extension .
The price has break the previos strong support level at $2050. Expecting the price will retest the fibonacci 78.6% or test the trendline today 9am (New York Time) after NFP release.
Hello Guys, I have been seeing this chart since last November 2023. The pair is following as per my analysis and I am targeting it to reach Fibonacci 78.6%,which coincide with previous support neckline and also Weekly Trendline . OANDA:EURUSD
Hey Guys, I have came across this pair last week after saw imminent Head and Shoulder Pattern. So I waited the price to break out 1.9000 level to confirm it. It succeeded on last Thursday and started to pullback to the neckline. In this strategy ,I have 2 confluences which consist of the Fibonacci Golden Ratio 61.8% and also the MA50. The price is acting at the...