Based on the provided data, we are analyzing a single candlestick (timeframe unspecified but likely H4 or higher) for what appears to be EURUSD, with the following details: Open=1.1785, High=1.1802, Low=1.1785, Close=1.1797. This forms a bullish...
I begin my technical outlook for GBP/JPY by focusing on how sharply the pair has declined and how that decline has brought price directly into a strong support area, which immediately caught my attention as a potential reaction zone. I observe that...
Technical Analysis of USD/CAD The Canadian dollar declined throughout the trading day, recovering sharply after reaching local lows. The gains were supported by a stronger US dollar due to uncertainty surrounding the October unemployment report. The...
XAUUSD M-30 Time Frame Update Gold (XAU/USD) recovers quickly from the mid-$4,600s, a four-day low reached during the Asian session on Friday, but lacks follow-through. A shift in risk sentiment, as shown by a sea of red across global equities...
News for trading Today we have high-impact news. The high-impact news involving various currencies. We have some low and medium-impact news as well. There will be much volatility in that area and with any pair related to the currencies seen below....
