Price action trading is a technique that focuses on analyzing historical price movements without relying on lagging indicators, making it highly effective for identifying optimal entry and exit points in Forex. By observing price behavior and...
A bearish trend frequently comes to an end when the HS pattern is reversed. The price moves in a zigzag pattern with three primary rudiments a lower low on the left shoulder, a new lower low on the head, and a advanced low on the right shoulder. The...
T E C H N I C A L _ A N A L Y S I S N Z D / U S D Hello, the current price behavior of the NZD/USD market is the subject of my article today. NZD/USD is trading at 0.5958 at the time of writing. We have an ideal wave structure on this chart, and...
The Japanese yen (JPY) continues to exhibit a bearish sentiment in the foreign exchange markets. This prevailing weakness in the yen, coupled with a slight strengthening of the US dollar (USD), has propelled the USD/JPY currency pair to a two-week...
AUD/USD The 4-hour chart for the Australian Dollar against the US Dollar (AUD/USD) reveals a period of considerable volatility and indecision. Price action over the past week has been characterised by significant swings, making it challenging to...