Late in the North American session, the price of gold rose, but as traders took gains, it fell from record highs of $2,954. At the time of writing, XAU/USD was trading with slight gains of 0.23%, close to the $2,939 level due to trade war issues, a...
Technical analysis of USDJPY Today I choose USD/JPY for technical analysis. USD/JPY is trading between minor resistance at 150.96 and support at 149.09. The market price highly respects this resistance and support level, and the price walks in this...
As of Friday, February 21, 2025, an analysis of the USD/CAD price movement on the H4 timeframe indicates that the market is currently experiencing a corrective phase following a significant prior impulsive wave. Utilizing the Elliott Wave Theory, it...
The EUR/USD currency pair experienced a volatile start to the week, opening lower in the North American session around 1.0280 before recovering slightly to 1.0300. Despite this modest rebound, the pair remains down 0.17% at the time of writing,...
I believe that the USD/CHF pair is currently exhibiting a deceptive pattern, which makes it challenging to navigate. I feel that while the overall direction of the pair has been correctly identified, the lack of meaningful movement has left me...