Price action suggests the market remains locked in a consolidation phase within a broader bearish framework. The prevailing downtrend is still defined by repeated failures near dynamic resistance, with rallies continuing to attract selling interest...
GBP/USD H4 Timeframe: GBP/USD movement on the H4 timeframe still exhibits a medium-term uptrend, albeit in a correction and consolidation phase. This can be observed from the higher high and higher low structure formed from mid-November to early...
From the daily chart, I clearly see that the 158.00 level is a major technical area, as I recognize it aligns perfectly with the previous daily high and has already proven its importance by acting as strong resistance. I note that this level has...
I find myself reflecting on how we narrowly missed the 1.1610 level once more, and I am holding onto the hope that perhaps it will all work out when the markets reopen on Monday. I am also continually grappling with this frustrating problem where...
I am offering a very special greeting to everyone as I analyze the recent behavior of the EURUSD pair, which clearly failed to meet the expectations of most market participants at the close of the trading session. I am noting that the majority of...