AUD/USD Analysis – H1 Timeframe As we analyze the H1 timeframe chart for AUD/USD, the price is currently trading around 0.63720. Recent price action indicates that the market is in a sideways movement, and we have not yet observed any significant...
I trade this pattern very actively with HFM and it consists of two candles: the first is a strong bearish (red) candle, and the second is a bullish (green) candle that opens below the previous close but closes at the same level as the previous...
Technical analysis of the USDJPY pair During the previous two weeks, the price moved in a sideways wave and then in an upward wave, which led to the opening of trading this week within upward price channels. At the present time, the price is...
USD/JPY Fundamental Analysis: Today, I’ve been closely watching USD/JPY as it continues to reflect the divergence between U.S. and Japanese monetary policies. The U.S. dollar remains supported by expectations of a hawkish Federal Reserve,...
I still hold a bearish outlook for the EUR/USD pair, as the sell signal for a decline only formed by the end of last week. I believe this signal has at least until the end of the current week to play out. My primary focus is on the support level at...
