GBP/USD H4 The ongoing movement in the market is evident in the weekly chart, showcasing the steadfastness of the uptrend and the sustained presence of a crucial resistance level. Although the previous week's candle exhibits characteristics of a...
The USD/CAD pair has been catching the eye of traders lately, particularly after Tuesday’s price action, which saw a significant rejection at the 1.3836 resistance level. This move was marked by two bearish candles with long upper wicks, indicating...
What is a pivot point in forex trading? In forex trading, I often rely on pivot points as a key indicator to help identify potential support and resistance levels. It’s a great tool for predicting market trends by averaging the high, low, and...
USD/JPY: Key Levels to Watch USD/JPY recently saw a bullish breakout, testing the significant resistance level at 149.29, a point that previously rejected price action back in mid-August. The surge was driven by strong U.S. Dollar fundamentals,...
The Australian dollar (AUD) snapped a three-day losing streak against the US dollar (USD) following a robust Australian jobs report on Thursday. Seasonally adjusted employment in Australia increased by 64,100 in September, pushing total employment...