Technical Analysis of GBP/USD The pound sterling had a time in the last trading session, and it went down to a new weekly low. There were two reasons for this. First, people thought the Bank of England was going to make some changes to help the...
USD/CHF 1H Technical Analysis The US Dollar against the Swiss Franc (USD/CHF) is currently trading within a tight intraday range, reflecting cautious sentiment among traders. On the 1‑hour timeframe, the pair is consolidating between a support level...
General Market Conditions Based on the chart display, the market being analyzed is XAUUSD (gold) on a low timeframe (M1–M5) . Price movement appears sideways—consolidating after a previously strong impulsive move . This indicates the market is in a...
The following explains trading strategies based on price action and the Smart Money Concept (SMC) as seen in the image above, with a focus on price structure, liquidity areas, and entry-exit management . 1. Market Conditions Price Structure At the...
News for trading Today we have high-impact news. The high-impact news involving various currencies. We have some low and medium-impact news as well. There will be much volatility in that area and with any pair related to the currencies seen below....