On the H4 timeframe, I’m looking at AUD/NZD currently trading around 1.2202 after the latest candles printed a high near 1.2209 and a low around 1.2192. Price action over the recent sessions shows a steady climb with relatively controlled pullbacks,...
Understanding Fibonacci Retracement in Forex Trading What Is Fibonacci Retracement? Fibonacci retracement is a technical analysis tool that uses horizontal lines to indicate potential support and resistance levels where a price pullback might...
EUR JPY Daily Market Analysis On the daily chart, EURJPY just made a surprising move that completely changed the short-term outlook. After weeks of continuous gains and consolidation near the highs, the pair suddenly pulled back towards the...
GBP/USD Rally Meets Heavy Supply as Sharp Rejection Signals Potential Shift in Momentum The GBP/USD 30-minute chart illustrates a strong bullish recovery that has recently encountered significant resistance, with price now trading around 1.35750,...
*Technical Analysis: AUDUSDm H4* *Price: 0.71990 | Market Closed | RSI(14): 58.53 | Volume: 719* *1. Chart Structure Context* You're looking at AUDUSDm H4 from mid-March to May 1, 2026. The pair just closed the week at 0.71990, right at the 0.7200...
