Analysis of the GBPUSD pair in the H-4 time frame. The GBPUSD pair price is seen moving between the pivot point (PP) of 1.3073 and support (S1) of 1.3013. There is no impulsive movement towards the resistance (R1) 1.3125 or moving lower past the...
USDCAD H4 The Canadian dollar (CAD) experienced an eighth consecutive decline against the US dollar (USD) as markets shifted their focus away from the loonie and towards the greenback. US producer price index (PPI) inflation moderated more than...
Analysis of the XAU-USD pair in the Daily time frame. The Gold market pair traded on Friday was still dominated by sellers who returned stronger and were able to dampen the bullish pressure of buyers who had previously excelled by holding it in the...
Charting Success: USD/JPY Prices Let's analyze the USD/JPY currency pair's price behavior. The current situation for the USD/JPY pair remains tricky to diagnose. Despite this, we continue to observe an overall upward movement. Yesterday, the pair...
The current situation can be summarized as follows: Since February, I’ve been tracking a clear ascending channel, where zigzag peaks are acting as guidelines. Now, a smaller channel is emerging, bringing us back toward the upper band that was around...