Price Action Analysis: EUR/ USD In our discussion, we'll analyze the price changes of the EUR/ USD currency pair. For Envelopes, growth was likely to be 1.0732. Closing the H4 candle above this level would negate the bearish movement. However, after...
The Australian currency is currently hovering around $0.6655, showing a neutral trend in the foreign exchange market. This is evident on daily charts, where the AUD/USD pair is stuck within a rectangular pattern, indicating a consolidation rather...
Forex trading, known for its high potential returns, also carries substantial risk. Experiencing significant losses can be discouraging, but with a strategic approach, recovery is possible. This guide explores effective methods to recover maximum...
The USD/JPY currency pair has been a focal point for many traders and investors due to its significant role in the forex market. As of now, the pair is trading at 159.64, and the prevailing trend appears to be bearish. This movement suggests that...
GBP/ USD Price Activity I am assessing the dynamic pricing behavior of the GBP/ USD currency pair. My forecast has proven accurate, with Monday's high recorded at 1.2697. The pullback was smooth, guiding us to the desired levels without issues. We...