On Monday, the yen weakened against the dollar, largely due to expectations surrounding the upcoming Federal Reserve meeting on Wednesday. After experiencing a decline late last week, the USD/JPY pair is now attempting to enter a correction phase....
TRADING CHART ON EUR/GBP H4. The EUR GBP price increased last week but could not maintain the momentum this week. It reached the resistance level of 0.8426 and touched a high of 0.8433. However, when the price corrected downwards towards the 50-day...
Craft Winning Trades: AUD/USD Prices Currently, we are dissecting the AUD/USD currency pair's price action assessment. The currency pair is performing technically well today. After analyzing the H4 time frame, I identified the activation of a...
EUR / USD; New Trading Day Recommendation The current chart pattern of EURUSD gives us a bearish scenario in which the price is at the 1.036 level. This, we have to make decisions wisely and I recommend a sell entry for short goals. A 20-pip target...
AUD/USD Analysis We will likely continue to fall without a reversal to the north. We will move inside the confines of the channel, but how this movement will take place is another story. The price may maintain such a trend channel's upper or lower...