What lies ahead for gold?
As you must already know, the direction of Gold is mainly dependent on the Price action of DXY (US Dollar index). So first, we take a look at the US Dollar index.
Tag - technical analysis
Is The Crypto Market Ready to Recover?
Recently, on the 16th of January, 2023, Thailand Securities Exchange Commission issued fresh rules in its continued efforts to protect investors' assets and build confidence in the crypto space. It comes right after Bitcoin surged above $20k. However, is this enough to kickstart a full recovery for crypto coins?
CAD Might Weaken Ahead of the Macklem's Speech
Later today Tiff Macklem, the governor of the BoC (Bank of Canada) is expected to speak at the Riksbank's International Symposium as part of a discussion panel on 'Central Bank Independence'.
How to Trade Triangle Chart Patterns?
A triangle chart pattern is a consolidation pattern that involves an asset price moving within a gradually narrowing range.
Trade Idea: Gold Breakdown
A comparative examination of the strength of the US-Dollar often gives tangible insight into the direction of Gold (XAUUSD). The chart above indicates the expectation of a bullish price reaction from the demand zone
Is Dollar's Struggle Over?
The US Dollar has been remarkably sluggish for the past few weeks despite being within a distinct Demand zone. My expectation of a springing rebound off the demand zone has not exactly played out yet, however, the zone remains unbroken.
How Do You Trade a Cypher Pattern?
The Cypher pattern isn’t the most famous trading formation. Nevertheless, this trading instrument can help you better understand and forecast the price moves.
China Shatters World Economy
A four-day lockdown turned out to be two months of complete isolation. Factories are frozen, supply chains are under heavy pressure, and the future is gloomy. Find out how to trade in times of crisis in this article!
Japanese Candlesticks: a Complete Newbies’ Guide
Have you ever wondered how many wonderful tools did Japanese people invent? QR codes, car navigation, instant noodles, and sushi are just some of the Japanese things we can't imagine our life without.
Bullish vs. Bearish Market: What is the Difference?
Both bullish and bearish markets provide traders with a wide range of opportunities. However, to use them correctly, traders must know exactly which market they are trading in.
L'EURUSD à l'honneur, comment profiter de ses opportunités.
En moins de quelques jours de la réunion de la politique monétaire de la BCE, force est de constater la remontée des rendements obligataires…
Massive Cryptocurrency Technical Outlook
The time for cryptocurrency has come! Bitcoin is once again looking interesting enough to analyze it. But digital gold is not the only one to watch after.
