This week, the foreign exchange market delivered a brutal lesson to traders, particularly in the USD/JPY pair. I observed a sharp upward impulse that pushed prices up by 300 points with minimal retracements, only to be followed by an equally...
GBPAUD Daily Time Chart Analysis After hitting a four-year high earlier this week, the GBP/USD pair has fallen today and is currently trading at 1.9832. Although the Bank of England did not cut interest rates at its meeting, the general election...
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XAUUSD Technical Analysis XAUUSD is currently trading around 2893, experiencing a temporary pullback after testing recent highs near 2925. The market has been in a strong bullish trend, with price action consistently forming higher highs and higher...
I have observed that the AUDUSD pair is exhibiting a price structure strikingly similar to the NZDUSD, which I analyzed in depth over recent weeks. In both cases, I identify a clear Elliott Wave pattern forming, with the third wave poised to extend...