The EUR/JPY H1 chart shows a prolonged period of sideways consolidation, with price action largely trapped within a defined horizontal range between approximately 158.00 and 162.65. After a strong bullish rally earlier in March that peaked near...
GBP/USD As of today, I’ve been keeping a close eye on GBP/USD, and it’s shaping up to be an interesting pair with both fundamental and technical factors at play. Fundamentally, the pound has been holding its ground against the U.S. dollar after...
The USD/JPY currency pair is currently showing a significant technical formation on the chart: the inverse head and shoulders pattern, which is a well-known reversal pattern that often signals a potential shift from a downtrend to an uptrend. This...
Forecast of Gold Yesterday, Gold crossed the moving average lines to the upside on the H4 time frame chart, which is why the price is once again in a bullish trend. The price of Gold also rose very steadily after this trend change. The price of Gold...
AUD/USD As of today, I’m keeping a close watch on AUD/USD, and from where I stand, the pair is under pressure from both a fundamental and technical standpoint. Fundamentally, the narrowing interest rate gap between the RBA and the Fed was initially...
