The GBP/USD pair faces a critical point at the 1.3260 balance level on Monday, a key price area that could dictate the pair's short-term direction. If the pair struggles to break above this level, it could signal a reversal, potentially pulling back...
USDJPY H4 efore, we believe that the path is open to reach our first target at 114.55, noting that a breach of this level will extend the upside wave to 115.30, while stability above 113.56 represents the first protection factor for the continuation...
T E C H N I C A L _ A N A L Y S I S U S D / C H F Hello, my dear forex traders. How are you today? I chose USD/CHF for today's technical analysis. Currently, the market price of USD/CHF is floating around the 0.8405 zone. The hourly chart is still...
T E C H N I C A L _ A N A L Y S I S X A U / U S D Hello fellow traders. How are you today? We will critically examine the price behavior of the XAU/USD market for today. Looking at the lower timeframes, we can see that the XAU/USD hit $2657.76 on...
The GBP/USD currency pair recently formed an upward engulfing pattern, a bullish technical indicator that suggests the possibility of continued upward momentum. In this context, the price action indicates that buyers, or "longs," are likely to...