As I observe the EURUSD H1 chart, I immediately notice that the dominant structure is clearly bearish. The market has been forming a sequence of lower highs and lower lows, which is one of the most recognizable characteristics of a sustained...
Overview of the Technical Trend: The Safe-Haven Tug-of-War In early European trading this Thursday, the U.S. Dollar (USD) exhibited notable strength, ascending against the Swiss Franc (CHF) to a pivotal resistance level near 0.7820. This bullish...
EUR/USD H4 Technical Outlook Hello traders, Today I took some time to review the H4 chart of EUR/USD to understand the current market structure and prepare for the coming trading sessions. The chart clearly shows a strong bearish structure supported...
GBP JPY Analysis The GBP/JPY pair on the H1 timeframe is currently showing a clear bearish move after a strong sell-off in the market. Earlier, the price was trading near the 212.60–212.70 area where the market showed some consolidation. Buyers and...
The path of least resistance for GBP/USD is down. The "Double Whammy" of the FOMC and BoE decisions on March 18-19 acts as a major volatility trap. Unless the BoE surprises with a very hawkish tone or US inflation data suddenly collapses, any...
