The EUR/USD currency pair retreated from its recent monthly high of 1.1420, trading near 1.1350 at the time of writing on Tuesday. Despite this pullback, the near-term outlook for the pair remains cautiously positive, as it continues to hold above...
I observe that the EURUSD pair is navigating a critical juncture on the daily chart, where the broader upward wave structure remains intact, supported by a bullish MACD positioned above its signal line in the buy zone. I note that the recent rebound...
The EUR/JPY pair is currently trading within a clear ascending channel on the 1-hour timeframe, which is considered a continuation pattern that typically signals a continuation of the bullish trend — as long as price respects the boundaries of the...
Technical Analysis of Gold (H4 Timeframe) 1. Current Market Position The screenshot shows a sell position of 0.05 lots on Gold (XAU/USD). The current price is 3303.35, with recent highs and lows around 3305.19 and 3300.05, respectively. The market...
USD/JPY Daily Chart Analysis: Navigating Market Trends with EMAs and Oscillators The provided daily chart for USD/JPY (U.S. Dollar/Japanese Yen) offers a fascinating snapshot of recent price action, particularly when viewed through the lens of...
