The GBP/USD currency pair did not come close to the moving average line on Tuesday. Although a new corrective movement appeared to be starting on Monday, it quickly lost steam. During both Monday and Tuesday, the market had no reason to abandon...
The USDJPY price experienced a significant decline last week, making the downward trend appear likely to continue. However, the price has remained stable since then and shows no further signs of decline, creating uncertainty. While there are some...
Gold technical analysis Four hour time frame: In a falling wedge, I destroyed gold options faster than I expected. The metal has found support at the 2658 level and has bounced and traded there multiple times. This week, we should be able to recover...
THE CURRENCY PAIR AUD-CAD we are standing still. The wave structure is building its order downwards; the MACD indicator is decreasing in the lower sales zone and below its signal line. Earlier, the main large ascending line was broken downwards....
USD/JPY Technical Analysis: Today, USD/JPY is trading around 158.00, showing some consolidation at this level. In my view, key support lies at 157.35, while resistance is at 159.75. The bullish channel remains intact, suggesting the potential for...
