I believe the NZD/USD pair is currently showing strong bullish momentum as it holds above the 200-day moving average, which sits just above the 0.5856 level (Murray 8.8). I observe that the bulls are firmly in control, refusing to cede ground to the...
USD/CAD Technical Analysis – 4H Timeframe The USD/CAD pair has shown a strong upward trend in recent sessions, maintaining a bullish structure on the 4-hour chart. As the market continues to digest recent gains, traders are watching closely to see...
GBP/USD Analysis Analysis And Trade Setup Using ICT Concept Market Structure and Trend Analysis The chart shows a clear uptrend from 00:00 to around 12:00, with higher highs and higher lows, indicating bullish momentum. However, after...
What is a Bear Flag Pattern? The bear flag pattern is a continuation chart pattern that appears during a strong downtrend in the Forex market. It signals that the market may continue its bearish movement after a short consolidation phase. The...
Technical analysis of GBPCAD Today I choose GBP/CAD for technical analysis. The GBP/CAD margin price is falling which is helping to push the price lower from the trendline. This trendline helped push down the market price and with the help of this...
