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Morsalin Khan

USDJPY: promising sell

Hi everybody. Let’s discuss and strategize for the new day! Overall, USDJPY is opening up a huge liquidity zone from the 149.00 mark. It is currently trading in a range around 151.85-150.98, after hitting 151.87, highlighting a 0.04% decline on the day. USD/JPY extended its consolidation period below 151.50 during

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Morsalin Khan

XAUUSD- Impact from FED, will gold price decrease?

Hello traders, what do you think about gold? Overall, the Gold price opened the new trading week by surprising traders, XAUUSD hitting 2176 USD, after hitting 2165 USD at the close of last week’s trading session, marking an increase of 110 pips (equivalent). for 0.53% ) intraday value. In the

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Morsalin Khan

GBP/USD continues its uptrend at 1.2500

Hello everyone, this is my general overview of GBPUSD. Let’s follow along and discuss together! Overall, GBPUSD continues to trade within a stable uptrend channel on the 1-week timeframe. Despite decreasing volume, the likelihood is still reinforced by the technical signal of the EMA 34,89, which is currently acting as

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Morsalin Khan

Gold is as calm as water today, what are you waiting for?

Gold still fluctuated downwards in the short-term one hour. The short-term continued to be under pressure from the downward trend line. Gold bulls were suppressed by the bears after a wave. The resistance of the gold trend line has now moved down to around 2158, which will continue before the

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Morsalin Khan

USDJPY: Extending the upward momentum above the trend channel

It can be seen that USDJPY has undergone significant fluctuations yesterday, with prices surpassing 149.00 and remaining stable at this level. It is currently trading at a new high of 150.25, after reaching 140.50, marking a 0.75% increase for the day. So, what are the reasons and factors driving this

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Morsalin Khan

GBP/USD continues its uptrend at 1.2500

Hello everyone, this is my general overview of GBPUSD. Let’s follow along and discuss together! Overall, GBPUSD continues to trade within a stable uptrend channel on the 1-week timeframe. Despite decreasing volume, the likelihood is still reinforced by the technical signal of the EMA 34,89, which is currently acting as

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Morsalin Khan

XAUUSD: The losing streak still hasn’t stopped?

Hello everyone, it’s great to see you again and discuss our current strategy. In general, XAUUSD is consolidating around the 2158 USD level, but at the same time, it continues to be within a narrow downtrend channel. Theoretically, the price will continue to gradually decrease within this downtrend channel, which

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Morsalin Khan

GBPUSD: Market correction may end soon

Dear friends, let’s discuss and strategize for the new day together! Overall, GBPUSD is currently in a consolidation phase after breaking out of a downward channel at 1.2796. It is currently trading around 1.2792, reaching a low of 1.2811, marking a 0.03% decrease for the day. So, what are the

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Morsalin Khan

EURUSD: Trying to change the local trend. What happens?

Hello everyone, let’s discuss and devise our strategy for today! EURUSD is currently undergoing a correction after reaching the level of 1.0981 and breaking the support level of the uptrend. At present, the EUR/USD pair is receiving support as the US Dollar (USD) struggles to maintain its strength despite positive

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Morsalin Khan

XAUUSD: ATH near 2200 USD, Gold continues to correct

Hello dear friends! Currently, XAUUSD has paused after a strong recovery. The all-time high level around 2195 USD has been formed, followed by a period of correction. XAUUSD has experienced significant volatility this week, specifically breaking the support level at 2175 and testing the level at 2150. There is a

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