USDJPY H4 Chart Analysis: We are presently assessing the USD/JPY currency pair's performance. The ratio of the pair's short to long positions is 82% to 18%. Even if it is getting close to important values, if USDJPY breaks beyond the 161.837 mark,...
THE TOKYO LINE IN THE SAND: USD/JPY COILS AT 161.80 AS INTERVENTION ALARMS CLASH WITH JUGGERNAUT US LABOR TRADINGS The USD/JPY exchange rate (Ninja) locked into a hyper-compressed, non-directional holding pattern during Monday’s European business...
XAUUSD OUT ON HOURLY TIME FRAME The XAUUSD H1 chart is currently trading at 4056.00, caught between a falling resistance trendline and a key horizontal support level after rejecting from the 4094.65 high. Price made a sharp impulse up to 4094.65,...
GBP/JPY 4H Technical Analysis: Bearish Rejection at Supply Zone The GBP/JPY 4-hour chart is showing signs of weakness as price approaches a significant supply zone. After recovering from recent lows, the pair has climbed back toward a key resistance...
XAU/USD Gold Analysis – 2H Timeframe Outlook Market Overview Gold has shown impressive strength after reversing from a key demand zone on the 2-hour timeframe. Following several days of bearish movement, buyers entered the market aggressively,...