I believe USD/JPY is currently approaching a very important technical moment on the four-hour timeframe because the pair is compressing inside a narrowing triangle structure that could soon produce a strong impulsive movement. I see the market...
GBPUSD Market Outlook: This analysis focuses on the current price movement of the GBP/USD pair. On the daily chart, the pair continues its downtrend, having recently reached the daily support level of 1.35565. On the hourly chart, the pair failed to...
EURUSD H4 timeframe Technical analysis: According to the H4 timeframe, EURUSD is currently trading within a well-defined consolidation range between the 1.1655 support and 1.1755 resistance levels. Price action over recent sessions shows repeated...
The Importance of Risk Management in Forex Trading. Risk management is one of the most important aspects of successful forex trading. Many traders focus only on finding profitable entries and exits, but without proper risk management, even the best...
Gold Holds Strong Above Key Daily Support Despite Volatile Pullback from Record Highs Gold continues to trade within a powerful long-term bullish structure on the daily timeframe, with XAUUSD currently hovering around 4,712.285 after experiencing a...
