I observed the EURJPY pair bouncing off the resistance at 160.417 on the 30-minute chart, signaling a potential reversal. I noted the subsequent breakdown below the support at 159.336, accompanied by significant sell-side volume, which led me to...
USD/JPY Price Outlook The subject of our discussion involves the ongoing study of the USD/JPY pricing movement analysis. The USD/JPY H4 chart reflects a dynamic period of price action following a pronounced downtrend that spanned late January into...
USD/CAD Greetings and Good Morning to everyone! The overall market of USD/CAD looks in favor of sellers today. The US Core PPI rate will help the sellers to cover their previous losses. Also, the US Retail Sales data is another important factor for...
Forecast of Gold Since the last few trading hours, the price has been running in a certain area and hovering around the 12 EMA line on the H1 time frame chart, suggesting that trading activity is in the range zone. There are more chances that the...
GBP/USD Forecast for February 13, 2025 Overview of Recent Price Action Yesterday, the British Pound (GBP) traded within a range exceeding 100 pips, ultimately closing the day near its opening level. This volatility indicates a market in flux, with...
