GBP/JPY is trading around 208.443 on the weekly chart after a strong bearish correction from the 218.00–220.00 region. The broader structure still reflects the earlier bullish trend, but recent candles show a clear shift in momentum as sellers have...
“The greatest glory in living lies not in never falling, but in rising every time we fall.” — Nelson...
AUD/USD dipped to a new monthly low in the 0.7100s during the early session on Monday, as a series of better-than-expected economic data reports from the US boosted expectations for a Fed rate hike when the central bank meets this week. In addition...
XAUUSD TECHNICAL Analysis H1 CHART *1. Current Market Structure and Trend* On the H1 chart, XAUUSD is currently trading at 4329.04. After a strong impulsive rally that took price up to the 4424.87 area on 10 Sep, gold entered a sharp corrective...
USD/JPY Technical Analysis: Breaking the Bearish Channel and Starting a New Uptrend The 4-hour (H4) chart for the USD/JPY pair reveals a pivotal shift in price action; the price is currently trading at 154.45 following a recent bullish breakout...
