by Frano Grgić | Forex Currency Pairs
XAUUSD Chart by TradingView What is XAU in Forex XAU in Forex stand for Gold. XAUUSD is Forex currency pair which consist of XAU (Gold) and U.S. dollar (USD). While reading or trading on Forex you have encounter someone saying XAU, which means Gold. Why is gold called...
by Frano Grgić | EURUSD Forecast
EURUSD Outlook EURUSD Yesterday’s chart analysis EURUSD have made a pullback as was discussed yesterday, but it did not pull back to $1.12806 as was said. The price pulled back down to $1.12366, a strong support that pushed the price up on Monday. Entry point...
by Frano Grgić | EURUSD Forecast
EURUSD Outlook EURUSD Friday’s chart analysis EURUSD have slide down to strong support level at $1.12366 which was said on Friday’s analysis that it could happen. I have announced that we should wait for the price pullback to $1.13427 and wait for the bear...
by Frano Grgić | EURUSD Forecast
EURUSD Outlook EURUSD Yesterday’s chart analysis EURUSD could not close above $1.14000, but bearish Pinbar formed after the price have slide down to $1.12806. Strong confluence level around $1.14000 was too strong to allow the price from moving further up....
by Frano Grgić | EURUSD Forecast
EURUSD Outlook Yesterday’s analysis EURUSD has made false breakout down after several indecision candles on H4 time frame. I have talked about possibility that price could make a test on the support at $1.12366 and make a bullish price action signal. If we take...
by Frano Grgić | EURUSD Forecast
Yesterday’s chart on XAUUSD Gold have done bearish scenario where the price have broke below $1693.69 and touched near $1670.00. Now is located inside downtrend channel that was broken on May 29th. Strong bullish Pinbar on the strong support line shows a lot of bulls...