After the h1 support broke at 0. 6292, the audusd dropped to 0. 6270. However, since yesterday, the audusd has started to rise again, reaching up to 0. 6305. It's noticeable that despite the upward move, the candle has not surpassed the nearest...
EUR/USD Daily chart: The EUR/USD market saw significant movement today, driven by critical economic data in the US dollar. The latest harmful data for the US dollar led to bullish momentum in the EUR/USD. Prices rose, reflecting the change in the...
AUDUSD Technical Analysis Good Evening. Today, I will discuss the AUDUSD pair. AUDUSD is trading at 0.6289, positioning itself between key support at 0.6230 and resistance at 0.6334. The Alligator Indicator, which consists of three smoothed moving...
Engulfing Candlestick Pattern in Forex Trading The engulfing candlestick pattern is a two-candle reversal signal commonly used in forex trading to indicate a potential change in market direction. It comes in two forms: bullish and bearish. 1....
I am an intraday trader, and my focus remains strictly on price action within the session, rather than medium-term trends. I prioritize immediate trading signals derived from intraday behavior, which allows me to act decisively without...
