Technical factors also play a crucial role in determining the support and resistance levels in currency trading. The 0.61068 support level might have been identified based on historical price action, where previous price movements found support or...
In analyzing the current state of the EUR/USD pair on the H4 chart, it's evident that the currency pair is entrenched within a crucial support zone, delineated by the range of 0.6573 down to 0.6550. This support area finds its foundation in the...
USD/JPY H-4 Timeframe Analysis: Corrective growth has already occurred and after it, now the fall may continue further. In fact, today we managed to break out the range of 156.50, but from there the fall will continue. Buyers don’t give up so easily...
EUR-USD PAIR ANALYSIS We know that in recent days the EUR-USD movement has tended to be sideways. At that time, the candle only went up and down around the nearest support and resistance. However, that doesn't apply on Friday because after the NFP...
T E C H N I C A L _ A N A L Y S I S X A U / U S D Good morning to every one of my colleagues! I want to assess the price movement of XAU/USD based on technical and fundamentals. Let’s discuss today’s possible market movement. XAU/USD is trading at...