I highlighted the 1.0710 level in my morning forecast and planned to make entry decisions based on it. Let's look at the 5-minute chart and see what happened there. The rise and formation of a false breakout at that level gave a signal to sell the...
AUD/ USD: How to Use Indicators and Signals Our conversation revolves around the real-time evaluation of the AUD/USD currency pair's price action. The AUD/USD pair recently tested the upper boundary at 0.6594, experiencing a rebound. This level has...
Gold Price Analysis: Key Insights From The H1 Chart Today, the gold market witnessed some interesting movements. Initially, there was a bullish trend; however, this was short-lived as the price experienced a significant drop. Our H1 chart clearly...
USD/ CAD Price Review and Summary Presently, we are in the process of decoding the USD/ CAD currency pair's live pricing. This week, USD/ CAD mostly traded sideways, except for Wednesday when significant news about the dollar emerged, causing the...
The Japanese yen is weakening significantly against the US dollar. This is due to a combination of factors, including expectations of continued high interest rates in the US and ongoing weakness in the Japanese economy. On one hand, the US Federal...