The AUD/USD pair price failed to break through the 0.7030 price area and formed a valid rejection. Fundamentally, the strengthening of the US dollar was previously the main catalyst for the AUD/USD pairs decline, but when the liquidity flow in the...
Gold Technical Analysis Gold is currently trading at 5214, and the overall market structure continues to reflect a strong uptrend. The price action shows that buyers are still in control, maintaining higher highs and higher lows on the chart....
In forex trading, traders often study price charts to understand what might happen next in the market. One popular chart style is the Japanese candlestick chart, which was first developed in Japan many years ago. Each candlestick shows four...
My Technical Analysis: AUD/USD 1-Hour Chart Looking at this 1-hour chart, I see AUD/USD in a well-defined uptrend that has been making steady progress. Price has rallied from the 0.70000 region, breaking through multiple resistance levels, and is...
USDJPY Daily Forecast USD/JPY has gathered strong momentum, reflecting a net plus session number six in the last eight days, and penetration beyond the level of 156.50 for the first time since the year 2023.02.09. The pairs latest upside trend has...