According to my analysis of the Euro / U.S. Dollar 30M chart on FXCM, the pair has completed a textbook bearish-to-bullish market structure reversal and is now consolidating just below the April highs after a clean breakout of key structural levels....
*GBPUSD M30 chart* focusing on *RSI* and *moving averages*. This is *GBPUSDc, 30-minute timeframe*, from ∼7 Apr to 13 Apr. I see 3 MAs + RSI(14) at 55.40. Let’s break it down. *1. Chart structure trend context* The pair rallied hard from 1.32597...
The Importance of Trade Journaling in Forex Trading Trade journaling is one of the most underrated yet powerful tools a forex trader can use, and it’s often the difference between traders who stay stuck and traders who actually improve. In forex,...
Technical and Fundamentals of Crude Oil (CL) Oil prices jumped on Monday amid failed US-Iran peace talks and a US pledge to block the Strait of Hormuz. However, WTI prices remain in the middle of the April range, about $10 below last weeks high of...
Crude Oil vs US–Iran Clash: Why This Conflict Can Reshape the Oil Market Crude oil and US–Iran tensions are deeply interconnected because Iran sits at the center of one of the most strategically important energy corridors in the world. Whenever...
