Hello traders, let's analyse the technical setup on multiple timeframes of the USD/CAD currency pair. H4 CHART ANALYSIS: The USD/CAD price just spiked to break the resistance line around 1.715 on the H4 chart. This breakout will be confirmed by...
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Post Analysis of AUDUSD The AUDUSD H1 chart shows a clear transition from a bullish phase into a bearish corrective move. Earlier in the chart, the market experienced a strong upward trend, characterized by higher highs and higher lows. Price moved...
According to my analysis of the GBPJPY 4-hour chart, the pair is currently trading at 211.441, showing a -0.55% decline. The highlighted pink rectangle marks a key consolidation zone between approximately 209.000 and 210.500, which acts as a...
Hello everyone, the EUR/USD currency pair is making strong bearish moves to end the week. Check out the recent price action and insights below: H4 CHART ANALYSIS: The EUR/USD is in a downtrend on the hourly chart. The bearish momentum is still...