GBP/USD Forum Analysis Forecast Introduction The GBP/USD currency pair, also known as Cable, is one of the most actively traded pairs in the Forex market. It reflects the value of the British Pound against the US Dollar and is highly sensitive to...
USDJPY H1 TIMEFRAME ANALYSIS Based on the provided USDJPY H1 (one-hour) chart, here is a technical analysis of the market structure and momentum. Overview and Price Action The chart covers the period from July 24 to July 31, showing a dramatic...
Primary Trend Key Levels On the H4 XAUUSD chart, price is entrenched in a consolidative uptrend following the steep rally from late June. The sequence of higher lows (30 Jun 21:00 low 4025.13 → 7 Jul 01:00 low 4021.08 → 13 Jul 01:00 low 4046.17)...
The yen really showed some serious strength here, and this drop in EURJPY is the clearest sign of it. We went from around 187.40 down toward 183.50 in a very aggressive move, and price didnt just make a small correction. It completely changed the...
Market Structure and Price Action Overview The attached hourly chart for GOLD (XAU/USD) on the H1 timeframe depicts a consolidating market oscillating around a horizontal equilibrium level near the 4050.28 price mark. Over the sessions spanning late...
