Looking at the EUR/USD H4 chart, my current view remains cautiously bullish. What stands out to me is the consistency of the upward structure that has developed since late July. Price has been forming a sequence of higher lows and higher highs,...
Technical and Fundamental Analysis of the AUD/USD Pair The Australian dollar (AUD) strengthened sharply against the US dollar (USD) on Friday, pushing above the 0.7150 level for the first time since early June and closing near 0.7171. The pair is...
AUD/USD has developed one of the more interesting bullish structures on the daily chart. After falling steadily from the May highs and reaching a major low around the 0.6860 area in late June, the pair has gradually rebuilt momentum. What stands out...
Essential Bullish and Bearish Continuation Reversal Patterns Candlestick patterns are among the most useful tools in technical analysis because they show the battle between buyers and sellers. A trader who understands these patterns can better...
USDJPY H1 Technical Outlook: Resistance Testing and Breakout Potential Market Structure USDJPY is trading around 158.94 on the H1 chart after recovering strongly from the 158.50 area. The recent price action shows a rebound followed by consolidation...