After analyzing the GBP/CHF hourly chart, I believe the market continues to favor the downside. The short-term trend remains bearish, with several technical indicators supporting the view that sellers are still in control. At the moment, I see more...
Understanding the Market Structure (The Prior Uptrend) Before you can identify a bearish breakaway pattern, you must look at the overall market context. Existing Bullish Trend: The pattern must appear during a sustained uptrend. Buyers should be...
Fundamental Analysis The USD/CAD currency pair experiences a minor corrective retracement, settling around the 1.4194 pivot after peaking near a multi-month high of 1.4235. The overarching structural driver remains firmly rooted in an asymmetric...
Fundamental Analysis The AUD/USD currency pair is experiencing persistent downward pressure, operating primarily under the influence of diverging monetary policy expectations and shifts in global risk sentiment. The primary driver behind the recent...
The Importance of Trading Journals in Forex Trading Forex trading is not just about looking at market charts and pressing the buy or sell button. It is a professional business, and like any successful business, it requires proper record-keeping. In...
