Analyses of daily chart frames: There has been and remains a downtrend. As can be seen in the waves, they are built descendingly. In spite of this, the MACD indicator continues to grow while remaining in the lower sellers' zone but above its signal...
USD/JPY: Key Levels to Watch USD/JPY recently saw a bullish breakout, testing the significant resistance level at 149.29, a point that previously rejected price action back in mid-August. The surge was driven by strong U.S. Dollar fundamentals,...
Crude Oil Technical Analysis Daily time frame: Greetings to my fellow forum members. Almost all major banks are taking year-end holidays, so it is natural that market movements will be slower and liquidity will be low as the annual session ends....
The current price of USD/JPY, hovering around 147.43, presents a nuanced picture for traders and investors. Recent market behavior indicates a strong resistance level at 141.46, which has historically acted as a pivot point. A breakout above this...
AUD/ USD Market Movements We were presently dissecting the dynamic pricing behaviour of the AUD/ USD currency pair. Last week, trading involved multiple pairs. On the weekly chart, I noted that the movement initially trended upward. As we look ahead...