Etiqueta: Blogger

Gold Prices Rise Within Ascending Channel, is XAU/USD’s Next Leg Lower?

Gold prices seem to be pointing higher in the near term as XAU/USD rises within an Ascending Channel. Its next leg could be lower though. Eyes turn to US retail sales.

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Ethereum (ETH) Primed to Break Higher as Resistance Comes Under Renewed Pressure

Ethereum probing multi-week resistance again and a confirmed breakout would suggest that the second-largest crypto will soon be back above $4k.

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British Pound (GBP) Price Outlook: GBP/JPY Closes in on Major Resistance Levels

Sterling continues to advance against other major currencies, with GBP/USD up and EUR/GBP down, but GBP/JPY is now close to previous highs that could impede its upward progress.

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Euro Leaps as US Dollar Held Down by Treasury Yields. Where to for EUR/USD From Here?

The Euro found firmer footing after the US CPI and FOMC minutes eventually undermined the US Dollar. Can the Euro break further resistance levels?

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The Basics of Technical Analysis

This beginners guide will introduce you to the basics of technical analysis, and how it can be used to trade FX.

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