USD/JPY has found itself caught in a period of market indecision, as a combination of technical patterns and macroeconomic factors continues to influence its price action. Despite an initial bullish bias last week, supported by Fibonacci retracement...
I have a similar scenario in mind, with the main trading range for USD/JPY identified between the levels of 148.62 and 151.23. I believe that buyers will start to make their presence known from Monday. If the price breaks above the 151.23 level, we...
The AUD/USD pair has remained under pressure recently, facing headwinds from a combination of technical developments, economic uncertainties, and geopolitical risks. The Australian Dollar (AUD) dropped to around 0.6390, nearing its four-month lows,...
T E C H N I C A L _ A N A L Y S I S X A U / U S D Good morning all forex traders and readers. Hope you’re all doing well. We will discuss the price action of the XAU/USD market today. The chart for XAU/USD shows that the XAU/USD hit $2632.81 on...
Trading journal SUNDAY, December 8, 2024 GBPUSD "GbpUsd market trend is still trying to run in the bullish zone" The trend of the market journey from the 4-hour time frame for this week appears that the GbpUsd pair has tried to rise towards the...