The path of least resistance for GBP/USD is down. The "Double Whammy" of the FOMC and BoE decisions on March 18-19 acts as a major volatility trap. Unless the BoE surprises with a very hawkish tone or US inflation data suddenly collapses, any...
I traditionally prefer to analyze silver on the weekly timeframe over the weekend because I believe the W-chart provides a clearer view of the broader market structure and helps me better understand the dominant trend that may guide price action...
Overview of the Technical Trend: The Safe-Haven Tug-of-War In early European trading this Thursday, the U.S. Dollar (USD) exhibited notable strength, ascending against the Swiss Franc (CHF) to a pivotal resistance level near 0.7820. This bullish...
On the H4 timeframe, I observe NZD/CAD currently trading around 0.7917 after the latest candle printed a high close to 0.7957 and a low near 0.7916. The difference between the high and low of the most recent candle is roughly 41 pips, showing...
GBPJPY Technical Analysis – Bearish Trend with Key Levels to Watch GBPJPY is currently trading around 211.186, and the overall market trend continues to show a downtrend. Recent price action indicates that sellers remain active in the market, which...