In the H4 timeframe, the market for GBP/JPY has shown a failure to embark on a bullish trend, stopping short at the upper band of the Bollinger Bands and subsequently experiencing a downward bounce. This has contributed to an extended period of...
Xauusd has risen again from the previous movement which had fallen and made CHOCH. The price has risen again to the sell block order area (2918 - 2925). Prediction of the next xauusd movement, if seen from the price that has made CHOCH then the...
Technical Analysis of AUD/USD As of the current analysis, the AUD/USD exchange rate stands at 0.6278, indicating a bearish trend in the market. The price is currently positioned below the daily Moving Average, a critical indicator that suggests...
At this point, traders who previously bought may decide to take profits, while new sellers enter the market, creating downward pressure on the price. As a result, the price struggles to break above this level. Resistance acts as a...
AUD/USD As of today, AUD/USD is navigating some key levels, and I’m keeping a close eye on both technical and fundamental factors to gauge the next move. Technical Analysis: Right now, AUD/USD is stuck in a consolidation zone between 0.6273 and...
