USD/JPY H1 Timeframe: The USD/JPY currency pair on the H1 chart shows a significant change in trend structure following a sharp decline at the end of April. Prior to the decline, the price was moving in a moderate bullish phase, tending to form...
GBPUSD Market Outlook (H4) The pound opened the trading session with a noticeable downward gap, suggesting early strength from sellers. However, bearish momentum failed to develop further as buyers quickly stepped in and began actively covering the...
Dragonfly Doji Candle in Forex Trading The Dragonfly Doji is one of the most important candlestick patterns used in Forex trading. It is a special type of Doji candle that forms when the opening price, closing price, and highest price remain nearly...
Gold (GOLD.m) H1 Technical Analysis Market Overview and Price Action The provided H1 chart for Gold (GOLD.m) illustrates a significant period of volatility followed by a consolidation phase. The asset experienced a robust bullish rally starting...
I believe the current behavior of USD/CHF around 0.7783 deserves very careful attention because, despite the recent bullish hourly candles, I can clearly see growing signs that the upward movement may only be temporary and deceptive in nature. I...