Forecast of EURJPY The EURJPY's H1 time frame chart shows that while the price was moving in a symmetrical triangle for about a week, it was generally in a negative trend as it was moving below the 50 EMA line. The EURJPY broke the top side level of...
XAUUSD 1H Technical Analysis *Price Action Market Context* Gold is trading at 4,579.19, up 21.92 on the session. The 1H chart shows a clear V-shaped recovery after a sharp sell-off from 4,620 to 4,520. That flush was driven by high volume red...
*Price Action Market Context* EURGBP is flat at 0.86343 after a volatile Q1–Q2. The pair rallied hard in February–March to 0.87800, failed, and has been in a broad corrective phase since. April showed a lower high at 0.87400, followed by controlled...
USD/CHF Market Analysis The pair is in a state of high compression as it sits near multi-year lows. While geopolitical tensions in the Middle East—specifically the ongoing Strait of Hormuz crisis—provide natural support for the Swiss Franc, the wide...
I observe that XAU/USD has now made a directional decision, and I interpret the current setup as leaning toward a potential decline, especially with the price hovering around 4547. I analyze the daily chart using the wave technique, and I notice...