EURUSD Daily Forecast For the second session straight, EUR/USD is gaining momentum, with a strong bullish pattern forming after a surge to 1.1750. The bullish breakout near the 1.1700 region of the 100-day moving average could be attributed to the...
???? The Power of Timeframe Alignment: Stop Trading Against the Current Have you ever found a perfect "Buy" signal on the 5-minute chart, only to see the trade crash instantly? The reason is usually simple: You were trading against the higher...
Looking at NZDCAD on the H1 timeframe, the overall structure is clearly leaning bearish, and that’s been the case for a while now. The most obvious thing on the chart is the descending trendline coming from the highs around the 0.8130–0.8120 area....
The Reality of Indicatorson't Fall for the Trap! Most beginners fall into the trap of thinking indicators are a "holy grail." They see a perfect crossover on a historical chart and think they've found a money-making machine. But in live trading,...
Hello everyone. Check out the technical setup of the USD/JPY currency pair below: H4 CHART ANALYSIS: The sideways channel is clearly seen on the USD/JPY currency pair’s H4 chart above. A bullish breakout would be confirmed by a convincing H4 close...
