Technical Analysis and Market Insights for USD/JPY Greetings, fellow traders! Current Market Overview The situation with the USD/JPY currency pair has notably changed. We are now observing a confident downtrend, with ample room for further decline....
GOLD ANALYSIS 03 AUGUST 2024 Observing the price of Gold seems to be contrary to the results of the US employment data report last night in the New York session. The price of Gold should have moved higher after forming resistance at 2472. However,...
NZD/USD W1 TIME FRAME CHART. NZD/USD. Good day! For obvious reasons, I go to the weekly chart analysis for this pair, where I have drawn the corresponding lines, both horizontal and diagonal, which somewhat strengthen the signal. What did we get...
GBP/USD Technical analysis After returning to the monthly pivot level again the previous week, the price has traded within price channels with an upward direction and above the monthly pivot level this month. Initial resistance was at 1.2890,...
Technical Analysis and Trading Strategy for USD/JPY Greetings to all trading enthusiasts! Currently, the USD/JPY currency pair is quoted at 148.923 on the one-hour (H1) timeframe. The preferred direction for today is selling, and I tend to work...