XAU/USD H1 Technical Analysis: Gold Launches Parabolic Rally to Retest Resistance Peak at 4243.29 Market Structure Multi-Day Price Action A comprehensive structural evaluation of the 1-hour chart in 66852.png highlights a massive bullish regime...
The USD/JPY currency pair, currently trading near the 157.70 level, is navigating a complex landscape of fundamental interventions and technical thresholds. Fundamentally, recent rounds of market intervention have forced the exchange rate down from...
Support Levels The primary support zone is located at 73.95 – 74.94, which represents the recent swing low region. The level 74.94 is the higher end of this cluster (also the closing price), while 73.95 is the ultimate line of defense shown on the...
GOLD H4 Timeframe: Based on the GOLD (XAU/USD) Daily timeframe chart, the price is still in a recovery phase after experiencing prolonged selling pressure from early May to late June. Although there has been a fairly aggressive increase in the last...
Here’s how I’m reading EUR/JPY after that sharp yen move last week. The pair got hit hard and finally reached the 179.80–180.60 support area, which is the most important zone on the chart right now. The reaction from this area was aggressive, with...