At first glance, AUDUSD H4 looks exhausted after a very aggressive selloff. The market dropped from the 0.7170–0.7190 area and lost several support levels without much resistance from buyers. Right now price is trading around 0.7045, sitting...
XAUUSD H1 Engulfing Theory Analysis - Current 4,331.43 Using Engulfing Theory on H1, XAUUSD is building pressure at *Key Support: 4,304.04 - 4,313.95* green zone after a sharp drop from 4,420. Current price 4,331.43 is 20$ above support,...
A successful USD/CHF intraday trading strategy is built around identifying key price zones where buyers and sellers are likely to become active. Known as the "Swissie," the USD/CHF pair often reacts strongly to economic data from the United States...
EUR/USD Chart Analysis EUR/USD H4 chart is showing a strong bearish breakout that has shifted market sentiment decisively in favor of sellers. Price had been trading within a relatively narrow consolidation range around the 1.1615 support zone for...
The EUR/USD M5 chart shows a market that is currently moving in a short-term bearish-to-neutral phase after failing to maintain its earlier bullish momentum. At the beginning of the session, buyers were strong and pushed the price higher toward the...