AUD/USD maintains a constructive intraday structure, with price reclaiming the 0.7000 psychological level and stabilizing after a shallow corrective phase, reflecting persistent demand on dips rather than aggressive trend exhaustion. The near-term...
The recent price action in USDJPY has clearly validated the earlier expectation of yen strength, as I now see the pair transitioning from an extended bullish phase into a more volatile and corrective bearish structure. What stands out to me is not...
The Continental Resurgence: EUR/USD Defies Gravity on Hawkish ECB Whispers and Greenback Retreat The EUR/USD pair has staged a dramatic and volatile "U-turn," surging by more than 1.16% to trade near 1.1585 following a whirlwind of central bank...
EUR/USD The chart shows the EUR/USD pair on a 4‑hour (H4) timeframe with three panels: the price candlestick chart, the Relative Strength Index (RSI 14), and the Average Directional Index (ADX 14). Price Action 1. *Trend*: The pair has been in a...
In the world of Forex trading, one of the most debated questions is whether traders should rely on technical indicators or adopt a pure price action approach. While indicators such as RSI, Moving Averages, and MACD are widely used, a growing number...
