USDJPY Analysis The USD/JPY pair is currently trading slightly above the major uptrend line connecting the major moves of 2023 and 2024. This trendline near 143.85 was a key technical level supporting the market structure. But in light of the...
Trade Setup Using SMC Concepts Based on the chart and SMC principles, here’s a potential trade setup: Bullish Setup (Buy Opportunity) The price has recently broken above the Previous Week Low (PWL) at 0.60146, indicating a shift to bullish...
General Points about USDCAD: The USDCAD market is trading around the 1.4217 level, maintaining its bullish tone despite recent data from Canada. The Canadian Ivey PMI came out negative, suggesting contraction in business activity, which adds weight...
USDCHF Technical Analysis April 9, 2025 Technically, I see that the USDCHF pair has entered a price position that is still worthy of being considered as an entry point. Let's take a look at the following 1 Hour Time Frame USDCHF chart image before...
I believe the GBPUSD pair has been trading within a tight range this week, fluctuating between 1.2700 and 1.2864, and I see this as a consolidation phase before the next major move. I think if the upward momentum persists, the key level to watch is...