The chart above illustrates the price movement of AUDUSD on the H4 timeframe. After confirming that the market trend for AUDUSD is predominantly upward, my focus moving forward will be on identifying potential entry points for buying. This upward...
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Currency pair GBPUSD - let’s consider today the chart of the H4 period. At the beginning last week on Monday, they decreased and the price could update the support level of 1.2375. There was a potential purchase zone behind the low. It was assumed...
On the H1 timeframe, it is evident that sellers are dominating over buyers in the USDCHF currency pair. The price is positioned below the moving average, indicating the strength of the bears in this market. Confirmation for selling positions can be...
USD-JPY PAIR ANALYSIS After experiencing a spike to reach its highest level around 154.50, the price began to experience strong selling pressure and has now moved down to the range of 151.66. This trend change indicates a shift in market sentiment,...