XAU/USD: A Trend-Follower’s Market
- Daily Analysis, Daily Report, Recent Posts, Technical Analysis, Trending Now
- April 25, 2024
Chart Source: Trading View EUR/USD: Monthly timeframe: (Technical change on this timeframe is often limited, though serves as guidance to potential longer-term moves) Following the three-month retracement slide, demand at 1.1857-1.1352 sparked a bullish revival in April, up 2.6 percent MTD. The possibility of fresh 2021 peaks is on the table, followed by a test
READ MOREXJO WEEKLY: Last week’s low saw the retest of the 6890 completed, with a high close in the range.
READ MORECharts provided by Trading View US Dollar Index (Daily Timeframe): According to the US dollar index, the greenback extended the recent retracement slide by 0.7 percent last week and concluded a touch off session lows. Technical movement observed an early-week retest at the lower side of the 200-day simple moving average, currently circling 92.21. This
READ MORECharts provided by Trading View EUR/USD: Monthly timeframe: (Technical change on this timeframe is often limited, though serves as guidance to potential longer-term moves) March carved out a third consecutive loss, extending the 2021 retracement slide by 2.8 percent. Recent underperformance, as you can see, pulled EUR/USD into the upper range of demand at 1.1857-1.1352.
READ MORECharts provided by Trading View EUR/USD: Monthly timeframe: (Technical change on this timeframe is often limited, though serves as guidance to potential longer-term moves) March carved out a third consecutive loss, extending the 2021 retracement slide by 2.8 percent. Recent underperformance, as you can see, pulled EUR/USD into the upper range of demand at 1.1857-1.1352.
READ MORECharts provided by Trading View EUR/USD: Monthly timeframe: (Technical change on this timeframe is often limited, though serves as guidance to potential longer-term moves) March carved out a third consecutive loss, extending the 2021 retracement slide by 2.8 percent. Recent underperformance, as you can see, pulled EUR/USD into the upper range of demand at 1.1857/1.1352.
READ MORECharts provided by Trading View EUR/USD: Monthly timeframe: (Technical change on this timeframe is often limited, though serves as guidance to potential longer-term moves) March carved out a third consecutive loss, extending the 2021 retracement slide by 2.8 percent. Recent underperformance, as you can see, pulled EUR/USD into the upper range of demand at 1.1857/1.1352.
READ MOREXJO WEEKLY: Last week’s low saw the retest of the 6890 completed, with a high close in the range.
READ MORECharts provided by Trading View US Dollar Index (Daily Timeframe): The US dollar, as measured by the US dollar index (ticker: DXY), shed nearly 1 percent last week and snapped a three-week bullish phase. Technically speaking, the highlight of the week was the index journeying back under the 200-day simple moving average at 92.33, movement
READ MORECharts provided by Trading View EUR/USD: Monthly timeframe: (Technical change on this timeframe is often limited, though serves as guidance to potential longer-term moves) March carved out a third consecutive loss, extending the 2021 retracement slide by 2.8 percent. Recent underperformance, as you can see, pulled EUR/USD into the upper range of demand at 1.1857/1.1352.
READ MORECharts provided by Trading View EUR/USD: Monthly timeframe: (Technical change on this timeframe is often limited, though serves as guidance to potential longer-term moves) March carved out a third consecutive loss, extending the 2021 retracement slide by 2.8 percent. Recent underperformance, as you can see, pulled EUR/USD into the walls of demand at 1.1857/1.1352. A
READ MORENote—Charts provided by Trading View EUR/USD: Monthly timeframe: (Technical change on this timeframe is often limited, though serves as guidance to potential longer-term moves) March carved out a third consecutive loss, extending the 2021 retracement slide by 2.8 percent. Recent underperformance, as you can see, pulled EUR/USD into the walls of demand at 1.1857/1.1352. A
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