According to my analysis of the U.S. Dollar / Japanese Yen 2H chart on FXCM, the pair is consolidating between the marked *BOS (Break of Structure)* and *MSS (Market Structure Shift)* after multiple failed attempts to clear 160.00. Current price at...
GBPUSD Daily Forecast The GBP/USD price has entered a more cautious correction phase after a strong rally, as global and domestic conditions are being reassessed. The initial upward momentum has been weakened by growing uncertainty ahead of the...
Lower timeframes show more information while higher timeframes show bigger picture. You should always look at the bigger picture when making decisions. Both are equally important. You can trade higher timeframes without referencing lower timeframes,...
Silver Daily Forecast Over the past five trading sessions, silver has been trading in a range between $78.00 and $81.00. The current price is around $79.00, which is a key technical turning point formed by the 50- and 100-day moving averages. This...
On the M15 timeframe, USD/CHF is currently trading near the 0.8924 region, where price action is displaying a subdued consolidation phase after a recent bearish leg. Instead of continuing with immediate downside acceleration, the pair has stabilized...
