Professional Forex Technical Analysis – NZDUSD (Weekly Chart) 1. Primary Trend Bearish – Price remains below the 0.5700 handle and has formed a sequence of lower highs since late 2023. The W1 chart shows a clear downtrend with consolidation phases,...
GBPJPY SIX HOURS ANALYSIS GBPJPY on the H6 timeframe is trading around 215.311 after a strong impulsive rally from the lower grey demand zone, and the chart now shows price approaching the upper grey supply area with momentum slowing. The blue arrow...
Structure-Based Trading: A Complete Guide to Market Structure and Quasimodo Setups Structure-based trading is one of the most reliable approaches in technical analysis because it focuses on how price creates Higher Highs (HH), Higher Lows (HL),...
Market Overview The EUR/USD pair has exhibited notable volatility over the past three weeks on the H1 timeframe, reflecting shifting market sentiment amid broader macroeconomic developments. Starting mid-June around the 1.1460–1.1470 zone, the euro...
How to Trade an Uptrend: A Step-by-Step Guide. An uptrend is one of the most favorable market conditions for traders because it reflects strong buying pressure and increasing prices. The popular trading principle, "The trend is your friend," exists...
