The chart currently shows a strong bullish structure on the EUR/USD 30-minute timeframe, with price trading above all major moving averages and maintaining higher highs and higher lows. The recent breakout above the previous resistance zone around...
I believe the opening phase of the market could become decisive for the next EUR/USD movement because I see the pair approaching the important resistance level around 1.1791, which I have outlined as a critical barrier for bullish continuation. I...
Understanding Breakout Trading in Forex What Is a Breakout in Forex? A breakout occurs when the price of a currency pair moves outside a defined support or resistance level with increased volume and momentum. It signals that the market has rejected...
