In my morning forecast, I highlighted the 1.2800 level and planned to base my trading decisions on it. Let's review the 5-minute chart to see what happened. The rise and the formation of a false breakout at 1.2800 led to a selling point for the...
The euro has been very volatile over the last few days, and it is going nowhere. The market seems to have continued to operate as a side business, awaiting a more stable migration. While the upcoming PPI (Producer Price Index) data may provide some...
Understanding the Matching High Candlestick Pattern The Matching High candlestick pattern is a significant indicator used in technical analysis to forecast potential price reversals in financial markets. This pattern emerges during an uptrend and...
Evaluation of the USD/JPY Currency Pair Price Action Current Market Perspective Our current focus is on evaluating the price action of the USD/JPY currency pair. While the exchange rate may decline from its current levels, in my view, the upward...
GBP/CHF Currency Pair Analysis Introduction Hello everyone reading this forum thread and those who have started trading. Today, we will analyze the GBP/CHF currency pair on the M15 time frame. I prefer to keep my charts free of unnecessary...