The range formation on the hourly chart for GOLD (XAUUSD) has been notably well-defined, with clear boundaries that make it an almost ideal channel. While there were minor undershoots and overshoots, these are typical in any market and do not...
This week has been a growth week for the GBP/JPY pair, and I observed a slight increase in its closing price. I noticed three distinct trading signals throughout the week, which provided insights into potential market movements. The first signal was...
USDJPY TECHNICAL ANALYSIS The market situation this week seems to be running under the control of sellers, indeed at the beginning of the week there was an attempt to increase by buyers. In yesterday's trading in the 4-hour time frame, the...
Technical analysis 09 March 2025 GBP/USD W-1 Now I will also look at GBP/USD with pleasure, namely, on the weekly timeframe, because on all other charts it is already, as it were, difficult to determine anything—"space "" there, without a doubt. Of...
Sentiment analysis is a powerful tool for Forex traders to understand market dynamics and predict price movements. However, it works best when integrated with other analytical approaches like fundamental and technical analysis. Traders should also...