This is USDJPY H1 - here's what your chart is showing: 1. Overall Structure This is a classic ZigZag / impulse correction structure: Up leg (blue): 02:00 -> 5 Oct high, then 5 Oct low -> 7 Oct high ∼158.51, then 8 Oct 03:00 low -> 8 Oct 20:00 high,...
Structure Summary of the Chart Patterns Reference Guide ### 1\. Introduction to Chart Patterns Chart patterns are essential tools in technical analysis that help traders understand market behavior and identify potential trading opportunities. These...
AUD/USD around 0.6980 looks like an interesting area to watch, but I wouldn't put too much weight on a single M5 candle. The bigger question is whether the pair can build momentum above that level, especially with US dollar sentiment and broader...
GBP/USD Technical Fundamental Analysis October 09, 2026 The spot price maintains a resilient stance against the US Dollar (USD), with the spot price trading near 1.3226 following a week dominated by shifting macroeconomic dynamics and rising...
USD/JPY Technical Fundamental Analysis October 09, 2026 The USD/JPY exchange rate trades near the 158.28 level, maintaining a resilient bullish structure despite heightened caution surrounding potential bilateral FX interventions. The Japanese Yen...
