According to the H1 timeframe of the EURUSD, we can see that the price is falling, which is indicating strong short-term selling pressure. After forming a swing high near the 1.1660–1.1670 region, the pair began to move lower while respecting the...
EUR/USD Market Analysis: Current Trends and Future Outlook There have been no significant changes in the EUR/USD currency pair since my last technical analysis. A medium-term downward trend channel has formed on the H4 timeframe. The last daily...
According to my analysis of the GBPJPY 4-hour chart, the pair is exhibiting a bullish bias within an ascending channel, with key zones highlighted on the chart guiding the immediate price action. The primary resistance zone lies in the purple...
Indicator-Free Trading in the Forex Market Trading without indicators in the Forex market is a method where traders analyze price movements directly instead of relying on technical indicators such as oscillators or moving averages. This approach is...
Technical analysis of GBPUSD On the H1 timeframe, GBP/USD is currently trading around the 1.3230 – 1.3240 zone, continuing to move under sustained bearish pressure within a clearly defined descending channel. The overall market structure shows a...