EUR/USD Technical Analysis (H1 Timeframe) The EURUSD H1 chart displays a consolidating structure following a sharp decline from the 1.1950 level, with price action currently compressing between the 1.1860 support and 1.1920 resistance. The most...
GBPUSD H4 Technical Analysis Following the release of Non-Farm Payroll data, the US dollar strengthened significantly yesterday, allowing pound sellers to dominate the trading session. As a result, GBPUSD ended the day under pressure, and the pair...
Based on the provided data, we are analyzing a single hourly (H1) candlestick for EURUSD with the following details: Open=1.18806, High=1.18846, Low=1.18751, Close=1.18758. This forms a small bearish candle with a visible lower wick (tail) and a...
I recognize the Japanese yen’s behavior very well, and I know how it can fall for an extended period, almost to the point of exhaustion, before suddenly reversing in just a few sessions and returning to price levels seen weeks or even months...
I see EUR/USD holding around 1.1875 while the H4 chart clearly shows a sequence of very tight horizontal ranges, and I interpret this structure as compression before a directional move. I notice that these narrow ranges are repeatedly separated by...