I don’t consider buying at the current levels either, even though I recognize that the support at 1.0910 has proven to be quite strong. I observed how news about potential retaliatory measures from the EU regarding trade duties triggered a return of...
I am currently observing a strong bearish sentiment on the USD/CHF currency pair, and I do not believe the price will be able to grow up to 0.87 at this point. I noticed that Tuesday's daily candle closed as a solid bearish candle, reinforcing my...
The EUR/USD pair experienced a slight pullback following the European trading session on Tuesday, edging marginally lower towards the 1.0900 handle as it struggled to consolidate earlier gains. Despite this minor decline, the currency pair maintains...
Trade Setup Using SMC Concept Based on the chart and SMC principles, here’s a potential trade setup: Buy Setup Entry: Look for a buy entry after the price shows signs of reversal above the EQL (2,980.695). This could be confirmed by a bullish...
The GBP/USD currency pair exhibited a notable rebound on Tuesday, effectively halting a two-day decline and finding crucial technical support at the 200-day exponential moving average (EMA), positioned just above the 1.2700 level. This technical...