Fundamental analysis is a cornerstone of forex trading, focusing on the economic, political, and financial factors that influence the value of currencies. Unlike technical analysis, which relies on price charts and patterns, fundamental analysis...
In my opinion, success in the Forex market begins with abandoning some misconceptions. The ease of accessing the Forex market, the possibility of online trading, the ability to open an account with minimal capital, and the availability of multiple...
Market Structure and Trend Context The 4-hour timeframe reveals Ethereum trading in a clear downtrend, characterized by a series of lower highs and lower lows since the recent peak near the $2,400 resistance zone. The price is currently...
The GBPUSD daily chart presents a multifaceted market environment characterized by consolidation around the 1.33393 level, which currently acts as a pivotal psychological barrier for traders. This consolidation phase is underscored by a discernible...
I observe on the H4 chart of crude oil that the market has undergone a strong impulsive rally after a prolonged period of accumulation. Price was moving in a relatively tight range for several weeks, building a base around the lower levels before...