TRADING CHART ON USD/JPY H1. The USD/JPY H1 chart reflects a robust upward trend, supported by strong bullish momentum. The price has been steadily climbing above the moving average, which acts as dynamic support, showcasing the market's inclination...
Technical analysis of XAUUSD Today we will do a technical analysis of gold. Many currencies and gold are traded in the foreign exchange market. Gold is a very important commodity in the foreign exchange market. The market is currently between the...
EUR/USD Market Outlook Good Morning to everyone! The overall market sentiment of EUR/USD is in favor of sellers. However, the US dollar faced some negative news, and this negative data has provided little support for US traders, who rely heavily on...
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 Fundamental Analysis: The U.S. Federal Reserve's hawkish stance continues to support the U.S. dollar, with the possibility of further rate hikes being discussed. I’m paying attention to upcoming U.S. economic data, such as employment...
