GBP/USD H1 Technical Outlook (as of 23 Oct close) GBP/USD is trading near 1.3372, sitting right on top of its 200-period moving average (the red line). After a strong climb from roughly 1.3147 earlier in the week, the pair has stalled and drifted...
Weak rebound from the low 80684 hit resistance at 81549 and is already starting to lose momentum. The current consolidation around 81826 looks like a classic flag before continuation of the downward move, where Bitcoin buyers have completely...
I have been following the recent recovery in GBP/USD, and I agree that buyers have made some decent progress, but I am still not completely convinced that the broader bearish trend is finished. The pair closed around 1.3375 after recovering from the...
EURUSD H1 Technical Outlook Snapshot: EURUSD is trading near 1.1202, with the last candle at 1.1194 open, 1.1204 high, 1.1191 low and 1.1202 close. The chart covers 14 to 23 October, with the pair now consolidating after a sharp rally. Trend and...
EURUSDm M15 Technical Analysis — FVG + Order Block Relationship, Sell-Side Liquidity (SSL), Market Structure Shift (MSS), and Bullish Recovery Scenario 1. FVG + Order Block Relationship — Understanding the Main Market Structure The relationship...