The AUD/JPY currency pair is currently experiencing strong bearish momentum, with expectations of a decline between 52 and 76 pips based on recent market conditions. The price remains below the key resistance level of 95.51, reinforcing the...
After posting losses in the previous session, the USD/CAD pair moved little, closing Friday’s Asian session at 1.4170. The pair lost momentum as the US dollar (USD) weakened amid conflicting Fed signals and poor jobless claims data. On Friday,...
In my analysis of the AUD/USD daily chart, I observe that the Murray 5/8 level is positioned at 0.6408, and it appears that the pair reversed its direction from this level, heading south once again. Currently, I identify the nearest significant...
According to the current analysis of the gold market, XAU/USD displays bullish momentum, supported by various global factors, technical signals, and fundamental drivers. Observing key support and resistance levels, today’s forecast suggests that if...
Market Analysis of USDCHF Pair on H4 Time Frame Introduction The USDCHF currency pair has recently formed a double bottom pattern on the H4 time frame, signaling a potential reversal in market direction. This pattern, accompanied by a bullish...
