USDJPY currency pair - D1 chart. The wave structure here is building its order downwards. The MACD indicator is again decreasing in the lower sales zone and below its signal line. We expected the decrease in early April, though perhaps not at such...
Gold prices (XAU/USD) maintained their elevated position near the $3,220 mark during early European trading on Friday, continuing to benefit from a confluence of factors. The persistent weakness of the US dollar, coupled with the escalating trade...
I notice that GBP/USD has been overlooked compared to other major currency pairs, as if it’s been left on the back burner. I believe this could be due to traders waiting for the Bank of England (BoE) meeting, though I’m not entirely sure when it...
Technical Analysis of the USDJPY Pair The technical analysis of the USDJPY pair on the daily chart shows a negative price close, as the price channels were broken on the daily chart. Over the past two months, the price moved in a downward wave,...
EUR/USD 4-Hour Technical Analysis: Eyeing Breakout Potential as Key Levels Hold The EUR/USD pair continues to trade within a defined technical structure, with traders closely monitoring price behavior around crucial support and resistance zones. On...
