Breakout trading is one of the best trading strategies you can rely on in the Forex market. First, the concept of breakout. When you learn technical analysis in the Forex market, you also learn about support and resistance levels. These are among...
The chart illustrates the price action of the AUD/USD on the H4 (four-hour) timeframe, with the pair currently trading around 0.7019, a level that appears to be acting as a short-term pivot within the recent market structure. Looking at the broader...
The chart shows the USD/JPY (U.S. Dollar versus Japanese Yen) exchange rate over a single trading day, with the price moving between approximately 157.400 and 158.100. The data is sourced from FXCM and displayed on a TradingView-style platform. At...
The chart illustrates the price action of the on the H4 (four-hour) timeframe, with the pair currently trading around 0.7019, a level that appears to be acting as a short-term pivot within the recent market structure. Looking at the broader price...
Market Structure Analysis The early portion of the session was defined by a clear bearish trend, characterized by a series of lower highs and lower lows. This was punctuated by a Market Structure Shift (MSS) to the downside around the 06:00 UTC...
