On the H4 time frame chart of the GBP/USD pair that I am currently monitoring, the price structure shows an interesting transitional dynamic between a short-term correction and a medium- to long-term downtrend. The 14-period RSI indicator is at 58,...
From a fundamental perspective, the recent volatility in gold prices has been driven by a combination of macroeconomic, political, and market structure factors. The sharp decline in gold prices was initially driven by rising market expectations for...
I see the USD/CAD pair gaining significant traction as the US Dollar finds its stride. The market for the Loonie is currently under heavy pressure from a mix of falling oil prices and strong American economic data. I am watching the 1.3685 level...
USDJPY Live Market Analysis (M30) USDJPY is currently trading around 157.24, and overall price action remains bullish, supported by a clear shift in market structure. Earlier on the chart, price formed a CHOCH (Change of Character) after a sharp...