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Hello all traders, Today, I'd like to share my market analysis on Oil H1 with you. Looking at the larger price chart, there's a current downtrend where the quality of breakouts has declined. The recent breakout with bar 4 wasn't strong. Initially,...
USD/ JPY Price Dynamics Currently, we are focusing on analysing the movement of the USD/JPY currency pair. There is a potential for a continued decline, possibly resulting in a false breakout at 157.55 before moving further downward. If the pair...
The Australian dollar (AUD) took a hit on Friday, falling to 0.6660 against the US dollar (USD) as investors awaited the release of the key US Non-Farm Payrolls (NFP) report. This report is expected to significantly influence market expectations for...
GBPUSD The market is closing above 1.7500, indicating that prices will continue their upward trend towards 1.2600. The third resistance level is 1.2700, and reaching this level indicates the existence of a strong uptrend. This move not only...