The way buyer support repeatedly holds the EUR/USD pair shows how important momentum and market structure can be in short-term analysis. It’s interesting how the same principle of tracking response and conversion appears in ....
Technical Analysis Trend Analysis on the Daily Time Frame (D1) On the daily chart, the previously dominant macroeconomic uptrend has sustained a significant structural breakdown. The pair fell sharply from its peak above 163.00, slicing through...
USDCAD 4-Hour Analysis: I have been analyzing the USD/CAD currency combination, which is currently offering an intriguing terrain. The pair has settled into a more muted, flat trend following a turbulent period of declining volatility. With the...
How to Identify and Trade “Inducement” Using Smart Money Concepts in Forex Trading Inducement in Smart Money Concepts Inducement (IDM) is an important concept within Smart Money Concepts (SMC) that describes a price movement which encourages traders...
EURUSD 15-Minutrs Analysis: Once the upper divergence barrier at 1.14581 is overcome, EUR/USD will face resistance near 1.15581. Despite the drop in the dollar index, buyers are likely to remain committed to 1.15531 during a market rebound....