The AUD/USD currency pair is currently facing a critical phase on the 1-hour timeframe, as it retests the ascending trendline that it previously attempted to break but failed. That earlier failure was accompanied by the pair’s inability to form a...
EUR/USD I’m watching EUR/USD closely today as it trades around 1.1378, pulling back from the recent high near 1.1485. That reversal isn’t surprising considering the US dollar has regained some momentum, mainly on the back of easing political...
USD/JPY H4 Time frame Analysis: The H4 time frame analysis reveals that the moving average indicator has a steep upward slope, suggesting a strong bullish trend for USD/JPY. Last Monday, a bullish candlestick formed, signaling buyers control the...
GBP/USD technical analysis A look at the GBP/USD h4 time frame shows that the gold market price is in an uptrend and rising, currently between the 1.3390 resistance and the 1.3240 support. When the RSI indicator shows the current dip below 70...
The NZD/USD currency pair is currently forming a significant technical setup that suggests a potential bullish reversal is on the horizon. This setup is based on the classic harmonic pattern known as AB=CD, which is a widely respected formation...
