After the recent price action, EUR/USD has clearly responded to the bearish pressure that I mentioned earlier, and from what I’m seeing now, the picture on the H1 timeframe has become more structured and clearer. Price is currently moving within a...
AUDJPY Technical Analysis AUDJPY is currently trading at 106.20, and the overall market trend remains firmly in an uptrend. The price structure continues to show higher highs and higher lows, confirming that buyers are still in control. Even though...
The attached XAUUSD (Gold) Daily chart shows a well-established primary bullish trend that has been intact for several months. Price has consistently respected higher highs and higher lows, supported by dynamic trend indicators (the red and green...
CHFJPY TECHNICAL ANALYSIS Support Resistance Analysis The gray box marks a strong resistance area between roughly 193.000 and 194.000 JPY. Price has tested this zone twicence it bounced off creating a “New Res” label, and later it broke above it...
As a trader analyzing this chart, I see that the bulls in the USD/CHF pair have only managed a partial recovery from their recent losses following a decent bearish correction. I observe that during this corrective phase, the bears successfully...
