WEEKLY CHART ANALYSIS OF GBP/JPY The GBP/JPY price saw a notable correction last week. The downtrend, which began at 215.89, accelerated as short-term selling pressure intensified. However, with the price currently trading above 213.29 – where...
Here’s a concise technical and fundamental analysis of Gold (XAU/USD) on the H4 timeframe, based on the chart data you provided, followed by a trade setup summary. Analysis On the H4 chart, Gold is displaying a consolidation phase after a prior...
According to my analysis H1 is attempting to reclaim a broken range after a sharp flush, and this is where risk management and trading discipline stop you from chasing a mean reversion before confirmation. Price is at 158.760, testing the teal/red...
According to my analysis of the British Pound / U.S. Dollar 4H chart on FP Markets, the pair has completed a textbook reversal from distribution to markup and is now consolidating above the upper supply zone after reclaiming all marked structural...
USD/CAD on the H4 timeframe is trading around 1.3691, extending its recent decline after failing to sustain gains near the 1.3925 region at the end of March. The pair has transitioned from an earlier bullish phase into a clear short-term downtrend,...