EUR/USD Today, I have been closely watching the EUR/USD pair, and here’s my breakdown: Current Price Action: The pair is trading around 1.0840, consolidating near the 1.0850 resistance level. Technical Indicators: On the 4-hour chart, EUR/USD...
XAU/USD Technical Analysis and Forecast The XAU/USD market dropped sharply after reaching 2651 yesterday but later fell significantly to 2589. The market is currently trading around 2607, indicating a period of consolidation. Yesterday's move broke...
Support and Resistance in Forex Trading Support and Resistance are key concepts in technical analysis. They represent price levels where the market tends to reverse, stall, or consolidate due to the balance of supply and demand. What is Support? ...
USD/JPY Analysis Good Morning to everyone! The market of USD/JPY is waiting for the result of the Japanese Monitry Policy, Policy Rate, and PressConferencee. Also, the US Final GDP and Unemployment rate will change the entire market sentiment later....
The chart demonstrates a strong bullish trend over the observed period. The price has moved steadily upward, breaking through multiple resistance levels. The consistent higher highs and higher lows indicate strong buying momentum. The last recorded...
