The EUR/USD H1 chart shows a gradual shift in momentum over the past few weeks, moving from a consolidative phase into a bullish breakout. From early to mid-March, the pair traded within a relatively tight range, with no clear directional bias....
Here’s a breakdown of a trade setup using Smart Money Concepts (SMC) based on the provided GBP/USD 15-minute chart: 1. Market Structure Analysis The chart illustrates a clear shift in market structure, commonly referred to in SMC as a Change of...
The H1 chart of crude oil (#CL) reveals a detailed picture of market sentiment and price behavior over the observed period. Starting from early March, the price of crude oil experienced a relatively stable uptrend with minor fluctuations,...
News for trading Today we have high-impact news. The high-impact news involving various currencies. We have some low and medium-impact news as well. There will be much volatility in that area and with any pair related to the currencies seen below....
I never cease to be surprised at how the GBP/USD pair, once known for its technical precision, mobility, and volatility, has now become utterly uninteresting and devoid of any trading appeal. I find it increasingly difficult to justify even...