GBP/USD Technical Analysis Today, I selected GBP/USD for technical analysis. The pair is currently in a downward trend, with a strong descending trendline guiding the market lower. In previous sessions, the market price moved above the support...
Support and resistance are foundational pillars of forex trading that help traders decode price behavior and make informed decisions in a market that operates 24 hours a day. Support refers to a price level or zone where a downtrend is expected to...
Support and resistance are among the most fundamental concepts in Forex trading, forming the basis of many trading strategies. These levels represent areas on a chart where price has historically reacted, either by reversing direction or slowing...
CL Timeframe H4: The price movement of #CL (Crude Oil) on the H4 timeframe shows quite complex dynamics, with a change in trend structure occurring after a fairly strong bullish phase from late March to early April. During this phase, the price...
Looking at GBPCAD on H4, the market is honestly a bit messy right now. It’s not very clean to trade. The overall structure still looks bullish if you zoom out, but in the short term sellers are clearly active and not letting price move up easily....
