Multiple Time Frame (MTF) analysis means checking the market on more than one chart timeframe before taking a trade. Instead of relying on a single view, traders look at the bigger trend first and then move to smaller timeframes for better entry timing. This helps avoid surprises and gives stronger trade confidence. Choosing the right timeframe depends on your trading style and routine. Short-term traders prefer lower timeframes like 5-minute or 15-minute charts, while swing

USD/CAD is sitting near the important 200-day moving average after breaking its bullish trend earlier this week, making today’s US inflation data and Canada jobs report key for the next move. A stronger US CPI together with weak Canadian employment would likely push the pair higher, while softer US inflation and stronger Canada jobs data could send it lower. Canada’s previous jobs report showed a sharp drop in employment and rising unemployment, and markets are watching wheth

JPY is currently weak mainly because risk sentiment has improved after easing geopolitical tensions and a better energy security outlook. When markets feel more stable, traders usually move away from safe-haven currencies like the yen and shift toward higher-yielding currencies such as the EUR and GBP. This is one reason why EUR/JPY and GBP/JPY are trading near their highs. At the same time, USD has weakened compared to EUR and GBP because markets are focusing on softer US ra

Divergence trading is a method where traders compare price movement with indicators like RSI or MACD to understand what the market may do next. When price and the indicator move in different directions, it often signals that momentum is changing. This can help traders spot possible trend reversals or trend continuation opportunities before they become obvious on the chart. There are two main types of divergence. Regular divergence usually appears when a trend is losing

Upcoming US inflation data such as CPI and core PCE could decide the next move in gold. If inflation comes in higher than expected, yields may rise and gold could fall. If inflation is weaker than expected, yields may drop and gold could move higher. At the same time, developments around the US–Iran ceasefire are still important and can influence market direction. From a technical view, gold is currently trading in a clear range between $4700 support and $4800 to $4850 resist

Comments from Donald Trump about suspending possible military action against Iran have reduced safe-haven demand for the US dollar. EUR/USD has moved strongly higher and is now trading around 1.1680, well above the earlier rectangle breakout zone near 1.1550. The upside move has been supported mainly by de-escalation hopes in the Iran conflict, which weakened the US dollar across major currency pairs and helped strengthen the euro. Technically, the breakout above the rectangl

USD has weakened after de-escalation signals in the Middle East, including comments from Donald Trump about suspending possible military action against Iran. This reduced safe-haven demand for the US dollar across major pairs and helped push USD/JPY lower. Importantly, the move happened without intervention from the Bank of Japan, showing the decline was mainly driven by improving market sentiment rather than policy action. Technically,USD/JPY has dropped sharply to around 15

GBP/USD is under pressure near 1.3220 as a stronger US dollar and rising risk aversion continue to weigh on the pair. Higher oil prices linked to tensions around the Strait of Hormuz have pushed US Treasury yields higher and strengthened expectations that the Federal Reserve will keep interest rates higher for longer, supporting the dollar. Sterling remains weak despite a more cautious tone from the Bank of England. Policymakers are moving toward a wait-and-see approach as en

Harmonic price patterns are technical trading patterns that use Fibonacci retracement levels to find possible turning points in the market. These patterns help traders understand where price may reverse or continue after a correction inside a trend. Instead of guessing entries, harmonic patterns give a structured way to identify high-probability trade zones. These patterns work best when markets move in waves. Price moves forward, pulls back, and then continues again. Harmon

The US dollar still looks supported mainly because of the strong move in USD/JPY. The 160.00 level remains a key focus, as traders believe the Bank of Japan and the Ministry of Finance of Japan could step in if the yen weakens too much. A similar intervention happened in 2024 near this level and helped stabilise the yen, partly supported by softer US inflation data at that time. However, there is also a risk that authorities may allow the pair to move higher, just like in 202