On the H1 timeframe, GBP/USD is currently trading around the 1.3578 level, showing a moderately structured recovery following a recent corrective phase. Using the Zigzag Indicator, the latest visible swing pattern highlights a sequence of higher...
Hello everyone. Check out my multi-timeframe analysis of the USD/JPY currency pair below: H4 CHART ANALYSIS: The sudden bearish pressure on the USD/JPY has created an extended AB=CD harmonic pattern on the H4 chart. The price is currently around...
Post Analysis Of EUR/JPY The EUR/JPY currency pair is currently trading at 184.145, and the market is showing a downtrend at the moment. This suggests that selling pressure has been stronger than buying pressure in recent sessions, leading to a...
Understanding Candlestick Patterns in Forex Trading 1. The Anatomy of a Single Candlestick Every candlestick tells a story of price movement over a specific time frame (e.g., 1 hour, 1 day). The Body: Represents the distance between the Open and...
After reviewing the recent daily chart of EUR/USD, I would like to share my personal outlook on the pair based on the structure of price action, RSI behavior, and MACD momentum. This analysis reflects my own interpretation of market conditions and...
