Based on the provided H1 chart for GBPUSD, the current candle has an Open at 1.35051, High at 1.35051, Low at 1.35038, and Close at 1.35038. This is a small bearish candle closing right at the key horizontal level of 1.35038. The chart shows a clear...
Comprehensive USD/CHF Technical Analysis: Welcome traders to today's detailed technical breakdown of the USD/CHF currency pair. Accurate higher-timeframe context paired with lower-timeframe execution is essential for building high-probability...
Understanding Currency Futures and Spot Forex Currency Futures and Spot Forex are two different ways of participating in the foreign exchange market. Both allow traders to gain exposure to currency movements, but their structures, trading...
AUD/USD H1 Bearish Market Structure 1. Strong Bearish Momentum The AUD/USD H1 chart shows a clear bearish structure after a sharp breakdown from the 0.7210–0.7220 region. Sellers produced several strong bearish candles, pushing price decisively...
Technical and Fundamental Analysis of the EUR/GBP Pair The European Central Bank (ECB) is expected to maintain its tightening bias with another 25-basis-point interest-rate increase, taking the main refinancing rate to 2.65%, the marginal lending...