Hello traders. Let's examine the technical setup of the USD/JPY on both the H4 and D1 charts below: H4 CHART ANALYSIS: The USD/JPY is essentially range-bound with price forming straight lines as highs and lows and, with support at 156.00–155.90 and...
*"USD/CAD MARKET ANALYSIS"* *Multi-Timeframe Analysis:* - *H4 (4-Hour):* The pair is in an uptrend, with higher highs and higher lows. The current candle is a bullish engulfing pattern, indicating potential further upside. - *D1 (Daily):* The daily...
The XNGUSD is an indicator of a Market that has already pulled out of a long period of consolidation and entered the powerful bullish drive but currently an upward correctional trend. Price action in the earlier stages of the year was mostly...
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...
AUD/USD Technical Outlook AUD/USD H4 chart shows a market that has transitioned from a strong bullish phase into a consolidation near key resistance, suggesting a pause rather than a full reversal at this stage. Price previously respected a...