Good morning This time, I'm observing the AUD/JPY currency pair, which is currently in a correction phase, reaching around 112,486. Referring to the daily timeframe, the main trend remains bearish. This is evident from the price position, which...
XAU/USD H1 Analysis: Bullish Retracement Before the Next Move? Market Overview The 1-hour XAU/USD chart shows Gold recovering after a strong bullish impulse that pushed price above the recent consolidation range. Following the sharp rally, the...
Based on the USD/JPY 1-hour chart here is a detailed technical analysis of the market structure and the recent price action. 1. Market Structure Trend Shift The chart overlay uses a ZigZag indicator the blue and red diagonal lines to highlight...
Technical and Fundamental Analysis of the AUD/USD Pair AUD/USD traded in a narrow range on Thursday, oscillating between modest gains and slight losses as investors preferred to remain on the sidelines ahead of the release of the highly anticipated...
Technical Analysis: USD CAD USD/CAD remains sideways for over a week around 1.4200. The US NFP data will likely pave the way for a direction for the Loonie pair. Fed’s Warsh warned of upside inflation risks. The USD/CAD pair trades flat around...
