Analysis of AUD/USD on the M15 Timeframe The AUD/USD currency pair has shown a promising signal on the M15 timeframe, indicating that it may be a good time for analysis. Recently, the price has broken above a resistance level, suggesting that buyers...
EUR/USD The EUR/USD pair is hovering around 1.0845, showing a slight dip of 0.1% from yesterday. The price action remains within a tight range, with a battle between bullish and bearish forces shaping the next move. Technical Analysis: Recently,...
Today, we discussed a trading idea regarding the XAUUSD (GOLD) currency pair, and I expressed my view that there is still potential for the asset to decline further. I was looking for a reversal to occur from a liquid area of imbalance at 2910.89....
USD/CHF As of today, USD/CHF is showing some interesting movements driven by both technical and fundamental factors. Here's my take on the current market conditions. Technical Analysis: Right now, USD/CHF is leaning bearish. The pair is hovering...
Understanding Resistance in Forex Trading: A Key to Identifying Market Barriers In forex trading, the concept of resistance plays a crucial role in understanding price behavior, predicting market reversals, and developing successful trading...
