USD CAD H4 MARKET ANALYSIS. I tried to monitor the price situation on the USD CAD chart on the H4 timeframe, this was evident in the trading session a few days ago where the candlestick was still moving upwards although not far away. It can be seen...
Silent Words about CHFJPY: The bearish concept takes the price of CHFJPY around the 173.41 level today. Hence, the Swiss GDP can bring changes but the current market is under the bearish concept's control. Hence, the CHFJPY influencers have to...
GBP / JPY: An hourly time frame Recommendation Yesterday, the price of GBPJPY hit the 193.77 level, reflecting the bears in action and a clear indication of their control over the market. The level signals a shift in sentiment, highlighting the...
Technical Analysis for Gold D1 chart: 1. Trend: The overall trend appears sideways or range-bound as the price moves between two important levels: Support at 2545 and Resistance at 2731. If the price is close to 2545, it could bounce back up (a buy...
General Points about CADJPY: The Canadian GDP can help the buyers to climb up again. But the market is trading below the 109.06 level today. Hence, a bearish concept can be recognized today. Hence, the CADJPY sellers, when they dominate the market,...