Tag: analysis

The Australian dollar (AUD) and United States dollar (USD) currency pair, known as AUDUSD, has seen some interesting movements in recent months. While the AUD has gained value against the USD, a technical analysis of the pair suggests that it is facing resistance at...

Forex trading is a dynamic and lucrative market that attracts traders from all over the world. However, trading in the forex market can be risky if one does not have a successful forex trading strategy in place. There are three main types of trading...

XAU/USD is the currency symbol for the spot price of gold quoted in US dollars. Trading XAU/USD means buying or selling gold in US dollars. Here are some basic steps to trading XAU/USD:   Choose a reputable broker: Before you start trading XAU/USD, you need to...

The price of gold, as represented by the XAU/USD currency pair, has been influenced by a variety of macroeconomic and geopolitical factors in recent years. Some of the key drivers of gold prices include:   Monetary Policy: Changes in interest rates and monetary policy set...

Technical analysis is a form of market analysis that uses technical indicators to analyze the price movements of securities, commodities, and other assets. These indicators typically include things like volume, price patterns, price volatility, and historical data in order to identify trends and make...

Price action is a trading approach that involves analyzing and making decisions based on the price movement of financial instruments, such as stocks, commodities, or currencies, rather than relying on indicators or fundamental analysis.   It involves studying past market data to identify and understand market...