EURJPY 4-Hour Analysis: The price of EURJPY is currently trading at 179.203, and the most recent break above the 38.3% Fibonacci retracement level may occur at a new high of 178.703. Momentary resistance is located around 180.703. Additionally, keep...
Reading Candlesticks as a Trading Language Candlestick patterns are one of the most widely used tools in Forex technical analysis. Each candle summarizes the price movement during a specific period by showing the opening, closing, highest, and...
EUR/GBP Daily Chart – Technical Summary 1. Current Market Structure The EUR/GBP daily chart shows a short-term bullish recovery after a period of consolidation and volatility. Price has moved upward from the 0.8550–0.8570 area and recently pushed...
XAGUSD H4 — Chart-Based SMC Analysis 1. Overall H4 Market Structure The XAGUSD H4 chart shows a market that has moved from an earlier bullish phase into a broad sideways-to-bearish corrective structure. On the left side, price starts around the...
Crude Oil 5-Minutes Analysis: The current study of the evaluation of crude oil pricing behavior is the topic of our discussion. The market was strongly impacted by slower demand growth in China and increased U.S. efforts to mediate a ceasefire in...
