EURCAD MARKET OVERVIEW EURCAD 1H just printed a violent breakdown through the 1.60700-1.60850 purple demand zone and price at 1.60628 is testing whether buyers can defend 1.60500 or if sellers take it lower. Price is down -0.00869 (-0.54%) after a...
Post Analysis of EUR/USD The EUR/USD H1 chart shows a strong bearish breakout following a period of consolidation around the 1.1620–1.1640 area. For most of the observed period, price action moved sideways with limited directional momentum,...
*CHF/JPY 1H – Technical Analysis* *Market Structure Context Analysis* CHFJPY on the 1H timeframe shows a _bearish structure confirmed by an MSS and a major Break of Structure_. Price was in an uptrend into the 204.00 high, but the Market Structure...
Understanding Volatility in Forex Trading What is Volatility in Forex? In simple terms, volatility is a statistical measure of the dispersion of returns for a given currency pair. It describes the speed and magnitude of price changes. High...
Hello Fellow Traders, Since the markets are closed for the weekend, it is the perfect time to upgrade our charting skills and focus on study rather than live analysis. Today, let's discuss one of the most powerful concepts in Smart Money Concepts...