AUD/JPY is currently under selling pressure around 111.95 as Europe starts the new trading week. The sell-off stems from the BoJ's lack of clear hawkish guidance, despite raising rates last week. This uncertainty has pushed the Japanese Yen lower...
GBP/USD H4 Timeframe Technical Outlook Market Structure Trend Analysis The GBP/USD 4-hour (H4) chart reveals a pronounced bearish market structure. Following a peak near the 1.36970 resistance level in late August, the pair entered a sustained...
Pullback and Confluence Trading Strategy in Forex Trading Pullback and confluence trading is a practical price-action approach that combines temporary retracements with multiple supporting factors before an entry is considered. A pullback occurs...
Based on the 1-hour chart for USD/CAD provided: 1. Current Market Context Instrument: USD/CAD (US Dollar / Canadian Dollar) Timeframe: 1-Hour Chart Current Price: ~1.40887 Trend Structure: Strong Bullish / Upward Trend overall, characterized by a...
XAUUSD.s, H1 - 4300.89 - RSI 32.08 - Analysis V4 1. Structure: From 14 Sep 12:00 to 15 Sep 13:00 price was in a bottom formation. You see low at 4260 with bottom fractals, then recovery to 4290 with top fractals at 4295. Price was below all MAs,...
