My USDCAD 4-Hour Breakdown – May 3, 2026 I’ve just pulled up my USDCAD 4-hour chart from OANDA, and this is one of the cleanest basing patterns I’m watching right now. The image captures price action from mid-April through early May 2026, with a...
Understanding Moving Averages in Forex Trading What is a Moving Average? A Moving Average is a technical indicator that smooths out price action by calculating the average closing price of a currency pair over a specific number of past periods...
My GBPJPY 4-Hour Breakdown – May 3, 2026 I’ve just pulled up my GBPJPY 4-hour chart from OANDA, and this is one of the cleanest short-term downtrends I’m watching right now. The image captures price action from mid-April through early May 2026,...
My EURCAD 4-Hour Breakdown – May 3, 2026 I’ve just pulled up my EURCAD 4-hour chart from OANDA, and this is one of the more interesting setups I’ve looked at over the weekend. The image captures price action from mid-April through early May 2026,...
I observe that XAUUSD is currently trading below a key resistance level on the H4 chart, and I interpret this positioning as a continuation of the prevailing downtrend. I note that the price remains in what I consider a sell zone, largely because...
