Update — From my perspective, CAD/CHF on the H4 timeframe is showing a continuation of its broader bearish structure, with price currently trading around the 0.5717 level after a steady decline. The market has been forming lower highs and lower...
Currency exchange rates in the forex market are influenced by a combination of economic, political, and market sentiment factors. One of the most important drivers is interest rates set by central banks. When a country raises its interest rates, it...
*Price Action Market Context* EURAUD is at 1.62498, down 0.00291 intraday. The 4H chart shows a sustained downtrend since late March when price topped above 1.66000. April and May have produced controlled distribution, with impulsive red candles...
“You don’t have to be great to start, but you have to start to be great… eventually… maybe… hopefully.”...
On the H4 timeframe, I’m looking at CHF/JPY currently trading around 200.54 after the latest candles printed a high near 200.64 and a low around 200.02. Recent price action shows a recovery attempt after the sharp drop seen at the end of April, with...