The GBPJPY pair has broken its sell structure on the H4 timeframe, signaling a potential retracement in the market. There is an order block area above that could act as resistance, and the price might rise to test this zone. On my chart, I've...
I have been closely monitoring the AUD/USD pair, and I find the current technical structure forming at the resistance level of 0.63527 particularly intriguing. I observe that the bulls have been actively trading around this level for several days,...
The GBP/JPY H1 chart presents a mix of consolidation and volatility, as evidenced by the Bollinger Bands and Stochastic Oscillator. Currently, the price is fluctuating around 188.56, indicating a neutral stance in the short term. The Bollinger Bands...
Mastering the Basics: Understanding Common Chart Patterns in Forex Forex trading, one of the most dynamic financial markets, offers significant opportunities for traders to profit from currency price fluctuations. However, with the abundance of data...
The USD/CAD pair experienced an upward movement during Friday's European session, reaching the critical resistance level of 1.4200. This increase followed a recovery from a three-day low of 1.4166, which was reached on Thursday. The pair's ascent...
