Market Structure Analysis The chart clearly illustrates a "Change of Character" (CHoCH) and a transition in market structure. Initially, the price action was dominated by a series of Break of Structure (BOS) levels to the downside. These red...
AudJPY exchange rate is already in a short-term corrective mode within a larger medium-term trend, which has indicated a weakening wave. The trading in and about the 106.45 region indicates that the two currencies are probing a significant near-term...
USDCAD Market Outlook: I'm currently analyzing the price movement of the USD/CAD currency pair. USD/CAD is continuing a downtrend. Looking at the 4-hour chart, the price is below key signal lines like the Kijun-sen and Tenkan-sen, below the price...
Based on the provided USD/CHF H4 chart, the pair is in a strong and sustained downtrend, declining from a high near 0.8050 to the current level of 0.7932. The listed price levels create a clear roadmap of lower highs and lower lows, with support...
USD/JPY Technical Analysis (H1 Timeframe) Based on the provided H1 chart for USDJPY, the pair is exhibiting a short-term bearish correction within a larger bullish context. The price action has formed a clear descending channel from the high near...
