Hello friends! The AUD/NZD currency pair has demonstrated a dynamic and volatile structure on its daily chart over the past few years. The chart shows clear fluctuations between support and resistance levels, reflecting the ongoing struggle between...
Today, I am focusing on analyzing the EURJPY currency pair using a 4-hour chart. I believe that analyzing the pair on this timeframe provides a more reliable perspective compared to lower timeframes, which can sometimes be more volatile or less...
Buy Side Trade Setup Entry: The AUD/USD 1-hour chart shows a descending channel with the price at 0.64319, near the lower trendline support around 0.64200. A buy-side trade setup can be initiated if the price holds above this support and shows...
I believe that if the US dollar continues to weaken next week, the NZDUSD pair will likely break through the resistance level of 0.6020. I see the New Zealand dollar’s performance as heavily influenced by the greenback’s movements, though commodity...
Gold Holds Ground – My Take on What’s Next for XAU/USD As we step into June, I’m keeping a close eye on gold (XAU/USD), which is currently hovering around $3,289. After a solid rally earlier this year, May marked the first monthly dip in five...
