GBP/JPY Analysis: By analyzing the #GBPJPY chart on the 4 hour timeframe, we can see that the price dropped to 206.77 as we expected in our previous analysis. Then, buying interest increased again, and so far it has risen to 207.89. Soon, we should see the price reach the supply zone between 208.13 and 208.57. Keep…
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GBP/USD Analysis: By analyzing the #GBPUSD chart on the 4 hour timeframe, we can see that price has once again entered the supply zone between $1.34320 and $1.34720. After reaching this key area, selling pressure stepped in and price dropped to $1.34. At the moment, #GBPUSD is trading around $1.342. If price can stay below this…
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Gold Analysis: By analyzing the #Gold chart on the 4 hour timeframe, we can see that yesterday price dropped exactly as expected and corrected down to $4271, delivering more than 550 pips of profit. After this decline, gold again reacted as planned and started to move higher. Right now gold is trading around $4335 and I…
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EUR/USD Analysis: By analyzing the #EURUSD chart on the 6 hour timeframe, we can see that price is currently trading around 1.174. I expect EURUSD to first push up toward the 1.178 to 1.182 zone, and once price reaches this supply area, a bearish reaction is likely. We need to watch how EURUSD behaves when it…
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GBP/JPY Analysis: By analyzing the #GBPJPY chart on the 4 hour timeframe, we can see that price is currently trading around 207.47. The recent sharp drop created a large liquidity gap, and I expect this zone to be filled soon before a bigger downside move starts. The key supply zone sits between 208.13 and 208.57.…
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GBP/USD Analysis: By analyzing the #GBPUSD chart on the 4 hour timeframe, we can see that after the initial drop, price bounced and pushed back into the 1.344 supply zone. Once it hit that level, strong selling pressure kicked in and GBPUSD dropped to 1.334. Right now the pair is trading around 1.336. If price can…
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Gold News Gold is trading near $4,341, pushing closer to its all-time high after a strong recent rally. The move is driven by expectations around the Federal Reserve’s next steps as markets await key U.S. jobs and inflation data. Ongoing central bank buying, solid ETF inflows, and shifting demand away from bonds and currencies continue…
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Gold Analysis: By analyzing the #Gold chart on the 4 hour timeframe, we can see that price moved exactly as expected and hit all the targets we discussed. Gold even pushed into the $4300 range and rallied up to $4345. When price came close to its ATH at $4380, sellers stepped in and we saw a…
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Gold News Gold has officially broken above $4,300, now trading near $4,330 — up +1.18% on the day. The breakout follows the Fed’s third rate cut, pushing real yields lower and reviving appetite for gold as a hedge. A weaker U.S. dollar and falling opportunity cost continue to fuel strong momentum in metals, with silver…
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Gold Analysis: By analyzing the #Gold chart on the 4 hour timeframe, we can see that after Powell’s speech the price made a small pullback and then continued moving higher, reaching $4247. Once gold entered the $4241 to $4259 supply zone, selling pressure appeared and pushed price down to $4204. Right now gold is trading around…
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