Fundamental analysis is a method of evaluating a currencys value by studying economic, social, and political factors that may impact its price. In forex trading, fundamental analysis helps traders understand the underlying forces driving currency...
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Overview of EURUSD Trend: I want to discuss the current analysis of the price behaviour of the EUR/USD currency pair. Based on the Fib method, Im considering a technical correction downwards, followed by a subsequent bullish movement and entry into...
Trading against a trend, also known as counter-trend trading, is a strategy where traders attempt to profit from temporary reversals or corrections in the market. While the common advice in forex trading is “the trend is your friend,” there are...
The H1 chart of GBP/USD shows that the pair is currently under sustained bearish pressure after failing to maintain its earlier upward momentum. Price action has gradually shifted from a mixed consolidation phase into a clearer downward structure,...
