Based on the provided GBP/USD H1 chart, the pair is in a clear and sustained downtrend with a well-defined bearish structure. The price has fallen from a high near 1.3410 (September 18th) to the current level of 1.3243, which is testing the teal...
Risk to Reward Ratio in Forex Trading The Risk to Reward Ratio, commonly called the R:R ratio, is one of the most important concepts in Forex trading because it connects potential loss with potential profit before a trade is opened. Instead of...
The Rough Oil chart appears a clear short-term bearish structure, with cost as of now around 95.79 after falling from the 96.50 to 96.55 zone. The decay has been characterized by sequential lower highs and lower lows, demonstrating that vendors stay...
EUR/USD has continued its decline for the third straight session, hitting a new low not seen since July 28, this time in the Asian trading session on Thursday. However, the declines have not been followed no major follow-through. Currently, the...
Forecast of Crude Oil Now, the main trend of Crude Oil on the H1 and H4 time frame charts is bearish, as the price is moving below the moving average lines. Yesterday, after the start of the new trading day, I monitored that the price of Crude Oil...
