Economic news plays a major role in the Forex market because currency prices are heavily influenced by the financial condition and economic performance of countries. Every day, traders around the world monitor important economic reports such as...
Based on the provided MetaTrader chart for EUR/USD on the H1 (1-Hour) timeframe, here is a technical analysis of what the market is doing. 1. Market Structure Trend The dominant trend on this chart is decisively bearish (downward). Highs and Lows:...
The fundamental and technical architecture governing the EUR/USD currency pair has undergone a profound, highly aggressive transformation over the past forty-eight hours, obliterating the temporary consolidation structures that had briefly anchored...
Pair Review of EUR/GBP Hello traders. Your post was written yesterday. So you were absolutely right: yesterday, prices were indeed heading down. But today, it seems like there's already a mood for a northward march. Here's what we have from the...
*Technical Structure* USDCHF M30 is trading at *0.78922*, consolidating just below resistance at *0.78925* after a strong rally from *0.78600*. The pair broke above the flat red, blue, and white moving averages around *0.78760*, which have now...
