The XAUUSD is one of the most traded pair in the forex market.
In a 4hr time-scale, candles formed an impulse at 1300.654 and turned the trend to down. (shown in the graph)
After the impulse, the signal tends a solid descending channel correction (shown in the graph)
At 1254.154, the chart printed a potential impulse and broke the channel...
The EURUSD Pair moving in a possible resistance throwback zone.
In the chart, after a fall for euro in last week the pair been in a downtrend for a while.
At 1.15195, the market formed an impulse in order to save the pair from down.
That impulse reversed the trend from down.
Besides, after the huge fall for euro, the market moved constantly in sideways...
Last week, most of the cryptocurrencies are hunted by the news of South Korean hack.
But the sentiments are still smoking across the market.
It was a crazy dive for bitcoin on this year.
Most of the people(new traders) thought this could be an end for BTC. Or it will bleed a lot to overcome the fall.
But everything looks positive, right now. In...