Overview: The USDJPY pair is currently in a correction phase after reaching a recent high. The chart illustrates the potential future price movements based on key support and resistance levels, trend lines, and market structure changes. Here’s a detailed analysis of the current setup and potential trading opportunities. Key Levels and Trends: -Resistance...
DISCLAIMER : ON The gold price has regained strength after bouncing off the important support in the range 1810 - 1805. Entering the US nonfarm payroll news, the gold price is trying to climb again to test the block 1 resistance around 1842 - 1835. we see gold will weaken again in the future because our main focus is how the impact of Powell's main target to...
DISCLAIMER : ON it is hoped that the price will enter resistance 1 in the first red block, if the price continues to strengthen it is possible that the rate will be stuck at the price resistance 2 and the price will fall towards 1795.
DISCLAIMER : ON With fundamental pressures in the form of the issue of increasing interest rates by 50 basis points, the price of gold will be further pressured. The hope is to enter at a value of $ 1796 - $ 1788, with plans to prepare buy positions.