Welcome back. Today, we have a new trading opportunity in oil. Expected Trading Setup: The white trend line and rising arrow indicate a suggested future price path: a breakout from the red descending channel, followed by a retest of the broken...
Learn Complete VSA Concept (Volume Spread Analysis) in Forex Trading Foundation of Volume Spread Analysis Volume Spread Analysis, commonly known as VSA, is a trading methodology that studies the relationship between volume, price spread, and closing...
USDCHF Technical Analysis: Buyers Maintain Control Near Key Resistance Levels Strong Bullish Momentum Supports Higher Prices The USDCHF 1-hour chart continues to display a strong bullish structure following an aggressive breakout from previous...
Based on the H4 chart data and recent analysis, GBP/USD is at a critical juncture, characterized by bearish technicals and deteriorating fundamentals. Technical Analysis On the H4 timeframe, GBP/USD shows a clear bearish structure. After breaking...
Support Levels The primary support zone is located at 4085.20 – 4090.65, which represents the recent swing low region. The level 4090.65 is the higher end of this cluster, while 4085.20 is the ultimate line of defense shown on the chart. A...