AUDUSD Trading Analysis: AUD/USD prices are currently trading at 0.72099, breaching the monthly high double peak and creating positive momentum around the 200-day simple moving average at 0.72489. This will be a significant buyer revolution, and the...
Master Range Trading: Reading Liquidity Before the Move 1. Identifying the Trading Range A market range forms when price repeatedly moves between a defined Range High and Range Low without establishing a clear trend. Instead of treating this...
Understanding the Break Retest Strategy 1. What Is the Break Retest Strategy? The Break Retest strategy is one of the most widely used price action approaches in Forex and other financial markets. It is based on a simple idea: when price breaks...
Technical Analysis of USD/CHF (H1 Chart) This 1-hour candlestick chart for USD/CHF provides a detailed snapshot of short-term price dynamics, key support/resistance levels, and technical momentum indicators. Market Structure and Price Action The...
NZD/USD D1 Outlook: RSI 44.41 and Negative MACD Keep Momentum Bearish NZD/USD is trading at 0.58484 on the D1 chart. The visible indicators show a market that has lost momentum after its recent recovery. RSI(14) is 44.41, while MACD(12,26,9) is...