Analyzing the AUD/USD currency pair through the lens of price action provides valuable insights into market dynamics and potential trading opportunities. This method focuses on the live movements of price, eschewing additional indicators in favor of...
### USD/JPY Market Outlook Greetings and good morning! Yesterday, the USD/JPY pair saw minimal changes, hovering around the 156.60 zone. Positive economic news from the US has bolstered the US dollar, increasing the buying pressure. This calls for...
The EUR/USD currency pair is currently trading at 1.0855, reflecting a bearish trend. Despite the market's slow movement, I believe there are strong indications that the EUR/USD will experience significant movement in the coming days. This analysis...
Monitoring the H4 timeframe for the USDCHF currency pair reveals a notable resistance level above the current price. This resistance area could pose a significant barrier to upward movement. Given the prevailing bearish trend, my strategy is to...
The USD/CAD currency pair began Thursday in a relatively stable state during the Asian trading session. This stability follows a period of weakness for the US dollar against several major currencies, including the Canadian dollar. The loonie, as the...