Technical analysis of GBPJPY On the H1 timeframe, GBP/JPY appears to be trading in a consolidation phase following a recent corrective move, with price currently hovering around a mid-range level. Despite the chart image being slightly unclear, the...
I observe the EURUSD H4 chart and I can see that price has moved through several distinct phases over the displayed period. At the beginning, I notice a relatively sideways structure where the market oscillates within a narrow range, showing...
According to my analysis of the USD/CAD 4-hour chart, the market structure reveals a clear shift from a bearish to a bullish phase, marked by the transition from a Break of Structure (BOS) to a Market Structure Shift (MSS). The BOS indicates a...
Fibonacci retracements are among the most important tools used in technical analysis of financial markets such as forex, stocks, and cryptocurrencies. This popular tool is based on the famous Fibonacci sequence discovered by the Italian...
Gold Intraday Forecast: As an investor, it is important to carefully monitor developments in the gold market. Gold prices are currently trading in a narrow range and the downward trend continues. However, it is worth noting that the price briefly...
