AUD/USD – Current Situation and Technical Analysis The AUD/USD pair has maintained its bullish journey for the sixth consecutive session. This rally has been supported by two major factors: continuous weakness in the US Dollar and a renewed risk...
Next Week Forecast Using ICT Concept Overview of the Current Chart Setup The chart displays the Gold Spot/US Dollar (XAU/USD) on a 4-hour timeframe, showing a price of 3,319.345 with a slight decline of 0.89%. The ICT (Inner Circle Trader) concept...
Price action trading is a technique that focuses on analyzing historical price movements without relying on lagging indicators, making it highly effective for identifying optimal entry and exit points in Forex. By observing price behavior and...
The Japanese yen (JPY) continues to exhibit a bearish sentiment in the foreign exchange markets. This prevailing weakness in the yen, coupled with a slight strengthening of the US dollar (USD), has propelled the USD/JPY currency pair to a two-week...
XAU/USD Gold (XAU/USD) kicked off the week with a powerful bullish surge, setting a fresh record high of $3,500 during early Tuesday trading in the Asian session. However, this historic rally was followed by a sharp correction later in the week, as...