Market Movements through USD/JPY Prices The analysis of the USD/JPY currency pair's price action will be the main topic of our conversation. The USD/JPY currency pair concludes the trading week with a correction near the 146.69 area, continuing its...
Technical Analysis Of XAU/USD For This Week If we examine the Gold M5 time frame, you'll observe that the market is currently in a downtrend, although an ascending channel has developed following the exit from the previous decline. If the bullish...
What is support and resistance in forex trading. Support and resistance levels are important concepts in commodities trading. Understanding these levels can help commodity traders and brokers identify potential entry and exit points and...
AUD/ USD: A Roadmap to Successful Trading I am Currently studying the ongoing AUD/ USD currency pair price action. The Australian dollar's performance against the US dollar in the past trading week was largely favourable for the bulls. That isn't...
Greetings, traders. In this analysis, we're focusing on the EUR/USD currency pair, particularly how it has performed on the 4-hour chart. As you may observe, the pair has recently experienced a bounce from its support level of 1.910. This bounce...