USDJPY Analysis The USD/JPY daily chart shows a clear change in the trend structure, which started with a strong uptrend and then turned into a steady downtrend. Initially, the price started a steady upward trend along the top line, making higher...
Technical analysis of GBPUSD Now I will do a market analysis on the GBP/USD pair. GBPUSD is the leading currency pair in the foreign exchange market. I am looking at the GBPUSD h1 timeline chart. The market is currently in between support and...
XPD/USD (Palladium vs USD) – Intraday Analysis Palladium has shown a strong downward momentum on the 1-hour chart, with the price currently trading around 905.74, representing a -1.59% decline. The market has broken below a key psychological level...
The GBP/USD pair is one of the most traded currency pairs in the forex market, known for its significant price volatility, which provides traders with profitable opportunities if market movements are exploited correctly. Currently, the pair is...
Trend Lines in Forex Trading In the world of forex trading, trend lines are one of the most basic yet powerful tools used in technical analysis. They help traders visualize the direction and strength of market trends, identify potential reversal...
