XAU/USD: A Trend-Follower’s Market
- Daily Analysis, Daily Report, Recent Posts, Technical Analysis, Trending Now
- April 25, 2024
Note – 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) Following the break of long-term trendline resistance (1.6038) in July, and subsequent break of supply at 1.1857/1.1352 in August, EUR/USD, by way of two back-to-back bullish candles, welcomed 2021
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) Following the break of long-term trendline resistance (1.6038) in July, and subsequent break of supply at 1.1857/1.1352 in August, EUR/USD, by way of two back-to-back bullish candles, welcomed 2021
READ MOREXJO WEEKLY: Last week’s low saw the retest of the 6890 completed, with a high close in the range.
READ MORENote – Charts provided by Trading View US Dollar Index: The US dollar index, or more commonly referred to as the DXY, found itself lower by 0.5 percent last week. Within a stone’s throw from the 91.00 level, the DXY snapped a two-week winning streak and introduced the possibility of reconnecting with daily support at
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) Following the break of long-term trendline resistance (1.6038) in July, and subsequent break of supply at 1.1857/1.1352 in August, buyers made an entrance heading into the close of 2020
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) Following the break of long-term trendline resistance (1.6038) in July, and subsequent break of supply at 1.1857/1.1352 in August, buyers made an entrance heading into the close of 2020
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) Following the break of long-term trendline resistance (1.6038) in July, and subsequent break of supply at 1.1857/1.1352 in August, buyers made an entrance heading into the close of 2020
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) Following the break of long-term trendline resistance (1.6038) in July, and subsequent break of supply at 1.1857/1.1352 in August, buyers made an entrance heading into the close of 2020
READ MOREXJO WEEKLY: Last week’s low saw the retest of the 6890 completed, with a high close in the range.
READ MORENote – Charts provided by Trading View US Dollar Index: Higher by nearly 0.8 percent last week (1% month-to-date off fresh 33-month lows at 89.20), the US dollar index (DXY) is now on the doorstep of 91.00 psychological resistance. Increased enthusiasm to the upside over the coming weeks brings to light additional daily resistance at
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) Following the break of long-term trendline resistance (1.6038) in July, and subsequent break of supply at 1.1857/1.1352 in August, buyers made an entrance heading into the close of 2020
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) Following the break of long-term trendline resistance (1.6038) in July, and subsequent break of supply at 1.1857/1.1352 in August, buyers made an entrance heading into the close of 2020
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