EUR/USD Technical Analysis: Your analysis of the EUR/USD pair perfectly captures the essence of a market caught in a weak, indecisive correction. The price action you describe—a modest decline followed by a lethargic, unconvincing upward pullback—is...
USD/ CAD Technical Analysis: The USD/CAD exchange rate is currently trading in a bearish zone on the 30-minute chart, with the price likely to decline to or below the 1.36204 level. This level is considered a key point for closing out short...
Gold Price Movement Analysis: Today, we will analyze the movement of the gold price. At the market open, two possibilities existed: either the price gapped higher or gold prices continued to rise toward the 4871.56-4881.56 area. However, gold prices...
USDJPY Short-Term Outlook: Our focus of discussion today is the price movements of the USD/JPY Currency pair. Despite the uncertainty, we are experiencing resistance at the 155.380 mark on the daily chart, hindering our attempt to break through. I...
GBPUSD Technical Analysis: GBPUSD is at 1.36920 and is showing short-term activity on the 5 minute chart. Recent candles are showing a series of candles with long upper wicks at 1.36965; sellers are consistently stopping the up moves. This wick...
