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May 10, 2024

#Daily GOLD Forecast – 10.5.2024An additional sign indicating a potential uptrend in XAU/USD quotes would be the examination of the support line on the relative strength index (RSI). Furthermore, a breakout from the upper boundary of the "Wedge&#...

May 10, 2024

World News Round up

FX Updates: Brazilian Real Depreciates by 1.01%Top currency losers are Brazilian Real (-1.01%) and Dollar Index (-0.31%). Gains are led by Mexican Peso (0.77%), Australian Dollar (0.68%) and Polish Zloty (0.65%). In addition, there was a slight chang...

May 09, 2024

World News Round up

Brazil Cuts Rates by 25 bpsThe central bank of Brazil lowered its key Selic rate by 25 bps to 10.5% in its May meeting, as widely expected. The Committee unanimously assesses that the uncertain global scenario and the domestic scenario marked by resi...

May 08, 2024

World News Round up

Gold is trying to recover from the losses of the last session and is clearly rising Gold prices were able to rise during trading on Wednesday, as the precious metal is trying to recover from the losses it incurred in the last session, which am...

May 08, 2024

World News Round up

FX Updates: Norwegian Krone Drops by 0.68% Top currency losers are Norwegian Krone (-0.68%), British Pound (-0.44%) and Canadian Dollar (-0.43%). In addition, there was a slight change on Dollar Index (0.23%), Japanese Yen (-0.3%) and Euro (-0.13%)....

May 07, 2024

World News Round up

Oil rises after Israeli strikes on Rafah and the continuation of truce talksOil prices rose on Tuesday, May 7, after Israel bombed the city of Rafah in Gaza, while negotiations on a ceasefire with Hamas continued without reaching an agreement.Brent c...

May 06, 2024

World News Round up

Saudi Arabia raises the official selling prices of crude oil to its customers in AsiaAccording to what was reported by Bloomberg News Agency, the Kingdom of Saudi Arabia raised the prices of oil destined for its customers in Asia for the third month ...

June 12, 2021

Price Action Signals and Trends

📚 Educational Post: 📈 Price Action Signals and Trends⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀💾 Save for future reference ⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀Price Action paints the picture on the charts. The candles represent the collective opinions and psychology of all...

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