Fibonacci Trading Tools in the Forex Market Fibonacci trading tools are among the most popular technical analysis tools used in the Forex market. These tools are based on the Fibonacci sequence—a mathematical series of numbers where each number is...
The situation with the EUR/JPY currency pair is quite complex at the moment. On one hand, there appears to be an upward trend, suggesting bullish sentiment among traders. However, beneath this surface, bearish forces are gaining momentum, leading to...
The EUR/CHF pair on the H1 timeframe presents a clear bearish structure that has been developing since mid-March. The pair has seen a steady and prolonged downtrend, characterized by consistent lower highs and lower lows, reflecting strong bearish...
The Trump administration is reportedly preparing to engage in high-level talks with Russian officials in Saudi Arabia, aiming to negotiate a potential resolution to the war in Ukraine. Should these diplomatic efforts show signs of real progress,...
The NZD/USD pair in the H1 timeframe is currently exhibiting strong bullish momentum, with price action pushing toward a critical resistance area near 0.5882. This level marks a significant technical barrier, as it aligns with a previous price...