XAUUSD Technical Analysis On Dated 21-02-2023
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...
Technical Analysis: AUD/USD Faces Resistance at Key Level
The Australian dollar (AUD) and United States dollar (USD) currency pair, known as AUD/USD, 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...
Xauusd Trading Analysis on dated 15-02-2023
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...
Xauusd Trading Analysis on dated 14-02-2023
XAUUSD is a trading symbol used for the spot price of gold quoted in US dollars. Trading XAUUSD involves speculating on the price movements of gold against the US dollar. Traders can go long (buy) or short (sell) XAUUSD using various trading platforms and...
Xauusd (Gold) Analysis on dated 13-02-2023
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...
Forex Indicator Bollinger band and how its work
The Bollinger Band is a popular technical indicator in the foreign exchange market. It consists of a moving average (usually the 20-day moving average) and two standard deviation lines, one above and one below the moving average. The upper band represents the upper standard...