USD/JPY HI ANALYSIS. The USD/JPY pair attempted to break out of the blue channel during yesterday's trading, but it ultimately settled within the red channel. During the candle of today, the price was above the channel and the 158.50 resistance...
Mastering Gold Trading: Analysis and Insights Good morning, traders, and welcome to today's live discussion on the current trends in the forex market, particularly focusing on the USD index and Gold. Let's delve into a detailed analysis of Gold...
channel. This breakout needs to be accompanied by a break above the monthly pivot level. The monthly pivot level is a significant resistance point; surpassing it can indicate a shift in market sentiment toward a bullish trend. When the price closes...
USDJPY MARKET ANALYSIS On Wednesday (June 19), the US dollar index was flat overall and still directionless, while USD/JPY continued to test the warning position slightly, closing at 158.08. The US market holiday on Wednesday kept trading interest...
Price Action Insights: Gold Price Action Let's discuss Gold's current price behavior analysis. We are currently following an older strategy for a decline based on the hourly time frame signal, but locally, it's evident that the metal remains strong...