The EUR/USD 30-minute chart is showing a strong bullish breakout structure after spending several sessions in a narrow consolidation range around the 1.1700 psychological zone. Price action remained compressed for most of the trading period, forming...
I used to read a lot of books before. I miss the feeling of turning those pages. Now, it is more convenient to read online and in tablets but still do miss those reading...
Based on the chart provided, here is a technical analysis of the USD/JPY (H1 time frame) as it appeared around May 15, 2024. Market Context Trend. The chart shows a significant recovery following a period of extreme volatility in late April and...
Post Analysis of GBP/USD The M5 chart of GBP/USD shows a strong intraday bearish trend followed by a short-term recovery attempt near the end of the session. Price action remained under heavy selling pressure for most of the trading period, with the...
USD/CAD Forecast: Greenback Surges on Hot PPI and Geopolitical Noise The USD/CAD currency pair staged an impressive bullish rally on the daily chart, surging past its recent consolidation range to press firmly into 1.3752. The underlying market...