The NZD/USD pair continues to struggle with bearish pressure, as price action remains firmly below the critical pivot level of 0.5765, which serves as a strong resistance point preventing any meaningful bullish recovery. As long as the price fails...
TRADING CHART ON USD/JPY H4. Weak US economic news late last week made it harder for USDJPY to increase. The price has mostly dropped since Monday's market opening. The opening price of 152.34 was lower than both 152.78 and the EMA 50. When the...
The EUR/GBP currency pair continues to exhibit a bearish trend as price action remains subdued below the critical resistance level of 0.8288, which acts as a formidable barrier against upward movements. The inability of buyers to push the price...
Gold commenced the week with a modest uptick, attempting to recover from the previous Friday's retracement. However, this upward movement encountered immediate resistance around the $2,878 per ounce mark, effectively halting its progress. The...
Analyzing the senior timeframes over the weekend is crucial for me to summarize the preliminary results of how previous signals have played out and to strategize the next steps. For this particular currency pair, I observed a strong validation of...
