Today, I would like to analyze the USD/JPY currency pair from a daily timeframe perspective. Recent price action indicates that bears have continued their downward trend within their territory, but the price is currently hovering around a...
AUD/USD Daily Chart Analysis Current Price Action Overview According to today's analysis, the AUD/USD currency pair is approaching a strong support zone located around the 0.6120 level. This level has previously caused significant price bounces in...
USD/JPY Outlook Greetings and Good Morning to all traders! We saw a bearish scenario on USD/JPY on Friday as the pair successfully crossed below the 148.03 zone. The primary reason for this decline was the relative strength of the JPY, driven by a...
USDCAD Market Analysis: Bullish Outlook H4 Timeframe Analysis In the H4 timeframe, the USDCAD market has shown a significant bullish momentum, successfully breaking through the middle band price area. This upward movement is further supported by a...
Analysis of GBP/USD In the past week, the GBP/USD currency pair has experienced significant upward pressure from buyers. This extreme buying pressure has resulted in the formation of a weekly candle that is notably long, far exceeding the typical...
