The AUDCAD pair has been trading within a wide sideways channel for the second consecutive week, and I observe that neither buyers nor sellers have been able to break out of this range. I notice that buyers have repeatedly tested the resistance...
Bank of Japan (BoJ) board member Naoki Tamura is back on the wires, via Reuters, clarifying his earlier remarks on the central bank’s interest rate. GBP/JPY attracts some sellers to around 190.25 in Thursday’s early European session, down 0.35% on...
Harmonic Chart Pattern Harmonic chart patterns are advanced trading patterns used in technical analysis to predict potential price movements based on Fibonacci ratios. These patterns rely on precise price structures and ratios, helping traders...
#GOLD So, yes, inflation in the US continues to gain momentum, and given the general uncertainty about the future policy of the White House, we can expect the current refinancing rates of the Federal Reserve to remain stable for a long time. Today,...
I find the current price action in the USD/CHF pair particularly intriguing, as it aligns so harmoniously with the technical indicators and graphical constructions I’ve been observing. It’s rare to see the middle lines of channels and medians...
