I see that the situation on the USD/CHF hourly chart has become much more interesting after the market finally managed to break below the lower boundary of the ascending trend structure, and I believe this breakdown has significantly weakened the...
H1 Chart Structure and Key Levels The H1 Gold chart shows a market that has closed recently, with price hovering near 4507.29. The listed levels from 4651.82 down to 4463.17 form a clear descending staircase, indicating a well-established downtrend....
Is Price Action Better Than Indicators? In the world of trading, one of the most common debates is whether price action trading is better than using indicators. Both methods are widely used in forex, stocks, and cryptocurrency markets. However,...
Gold (XAU/USD) Technical and Fundamental Analysis The current market price of Gold is 4508.30. Gold is still in an upward trend but it has been going down from higher levels, which means it is feeling some pressure near a resistance area. Technical...
I see that the recent behavior of USD/JPY continues to reflect a highly uncertain market environment after the strong impulsive decline caused by intervention pressure, and I believe that traders are still trying to determine whether that sharp...