USD/ JPY: The Art of Price Action Analysis The USD/ JPY currency pair's price action analysis will be our focus point in this discussion. Currently, there is a bullish signal at the end; 4-hour bullish volumes will most likely begin to decrease...
Today, gold is trading around $2945. From a technical indicators perspective, the price has shown some consolidation, but bullish momentum is still present. However, there are also signs of being overbought, which could lead to a short-term...
This week, I noted that sellers were clearly in control of NZDUSD, which resulted in a significant decline for the pair. The price fell sharply, gathering liquidity during its decline, eventually reaching a critical support level near 0.5600. I...
Today, I observed an attempt by USD/JPY to trade below the support zone, which is defined by the EMA50 at 150.20 and the EMA20, which has risen to 150.10. However, I noticed that the pair failed to sustain its position below this zone, and I am...
Technical Analysis of GBP/USD The GBP/USD pair opened today at 1.26460 after a two-days market holiday, reflecting a cautious start as traders reassessed market conditions. The current price of 1.26460 is hovering near the immediate support level of...