I am currently analyzing the AUDCAD currency pair, and I see that the price is trading at 0.8765. I am noting that this level lies between two important zones: the support at 0.8732 and the resistance at 0.8776. I believe that this positioning...
GBP/USD Today, I’m watching GBP/USD closely as it tries to bounce back from last week’s drop. Right now, the pair is hovering around 1.2470, and I’m eyeing the 1.2500 level as a key psychological barrier. The 50-day EMA sits around 1.2535, which I...
Analysis And Trade Setup using SMC Concept Market Structure Analysis: The chart shows a clear bullish structure from 09:00 to 15:00, where price consistently made higher highs and higher lows, indicating strong buying pressure. However,...
Market Fundamentals: Geopolitical tensions in the Middle East, particularly the ongoing conflict involving Israel and Hamas, continue to drive demand for traditional safe-haven assets like the Swiss Franc (CHF). The Israeli government has confirmed...
USDJPY Daily Outlook The daily chart of the EUR/JPY pair shows that the market is breaking its recent long-term downtrend, indicating a change in the trend structure. This trend line, which began at the all-time high of 165.50 in early October 2024,...
