USD/ JPY: A Roadmap to Successful Trading I am delving into the current analysis of the USD/ JPY currency pair's pricing movements. The USD/JPY currency pair continues its upward movement. Significant highs and lows increase in the H1 time frame, as...
AUD/ USD Exchange Rate We analyze the live dynamics of the pricing movements of the AUD/ USD currency pair. Yesterday's daily candle on the price action system showed a retest of the 0.6584 support zone, forming a buy pin bar pattern known as an...
The analysis suggests that gold XAUUSD could face a bearish trend in the near future. The immediate target for the bears is to push the price down to 2309, which was the low reached yesterday. There is an ascending support line nearby that could act...
GBP/USD Predictive Analysis Shifting gears to the technical side, a four-hour chart analysis reveals an interesting dynamic for the GBP/USD pair. The price quotes struggled to breach the resistance level of 1.2726. This resulted in a "false...
channel. This breakout needs to be accompanied by a break above the monthly pivot level. The monthly pivot level is a significant resistance point; surpassing it can indicate a shift in market sentiment toward a bullish trend. When the price closes...