I am analyzing the USDJPY pair as it remains compressed within a triangular channel, and I see that the market is currently undecided about its next directional move. I am expecting that the upper boundary of this triangular formation will be...
The NZD/USD is moving around the 0.5780-0.5785 mark in a small range of consolidation which indicates a market that does not have any sense of directional conviction. Technically, the price action is a consequence of an unsuccessful effort to hold...
EUR/USD Bears Tighten Grip: 1.1680 Support Under Siege Ahead of Critical ADP Data I am closely monitoring the EUR/USD pair, which is currently trading at 1.1685, as it struggles to hold its ground after a decisive rejection from the 1.1800...
Gold's Venezuelan Storm: Why I Am Watching the $4,500 Level I am currently tracking Gold (XAU/USD) as it trades around the $4,446 mark, consolidating after a retreat from the recent highs near $4,550. In my view, the primary driver for this price...
Technical analysis of EURJPY Today I will start technical analysis on EUR/JPY. The market is currently in a downtrend, and the trend line is helping it enter a downtrend. The market is currently trading below the resistance level at 183.64 and above...