USD/JPY Technical Outlook: Bulls Maintaining Control Near 159.60 Date: April 29, 2026 Current Price: 159.64 Time Frame: H4 (Four-Hour Chart) Market Overview Current Condition As of today, April 29, 2026, the USD/JPY pair is exhibiting a strong...
Stop Drawing Lines! Why Your "Perfect" Technical Analysis is Failing in 2026 Many traders spend countless hours drawing support and resistance lines, trendlines, channels, and patterns on their charts. They believe that if the lines are accurate...
*Technical + Fundamental Analysis: XAUUSDm H4* Current price: 4,601.62. *1. Technical Analysis* *Moving Averages: Bearish alignment, oversold bounce attempt* - *Blue line*: Fast EMA, likely 9 or 20 period. Sloping down hard at ∼4,630. Price is...
The GBP/USD pair retreated by a marginal 0.12% on Tuesday, concluding the session near 1.3520 as the market extended its recent pattern of consolidation around the 1.3500 level. Throughout a volatile trading window, the pair navigated a 115-pip...
Gold Forecast Gold’s strong rally in 2026 has slowed down sharply by the end of April. On the H1 chart, the market shows clear weakness. Price dropped from around $4752 on April 24 to a low near $4548 on April 28, losing more than $200 in just a...