USD/JPY Weekly Analysis: Breakout Potential Ahead The USD/JPY currency pair is signaling potential for a breakout as it has been trading within a horizontal zone for an extended period. Previously, the pair ascended above the 160 mark, but it has...
EUR/USD Analysis: Current Trends and Predictions Overview of Previous Analysis In my previous analysis, I highlighted a breakout at the 1.0400 level of a descending price channel, signaling a shift in market dynamics. I observed that the EUR/USD...
Core Points about GBPJPY: The positive growth rate of the UK GDP has played a crucial role in strengthening the Great British Pound (GBP), reinforcing investor confidence in the currency. A robust GDP often reflects economic stability and growth,...
I observe the current market behavior in XAU/USD as a fascinating interplay of technical patterns, trader psychology, and institutional maneuvers. Over the past week, the price action has been volatile, yet inconclusive, with gold failing to...
Technical analysis of GBPNZD Today I choose GBP/NZD for technical analysis; the market price is between 2.2078 resistance and 2.1916 support. Market price breaks below resistance and shifts from support to price action. However, if your market price...
