The chart shows EURUSD on an M15 timeframe with price action, moving averages, and volume. *Technical analysis):* The pair exhibits a clear bearish trend from 10 Mar 22:15 to 12 Mar 04:15, marked by a descending channel and lower highs. The yellow...
Technical analysis of AUDUSD On the H1 timeframe, AUD/USD is currently trading around the 0.7130 – 0.7140 zone, showing signs of consolidation after rejecting the upper boundary of a previously respected ascending channel. Earlier, price was moving...
BTCUSDT: Triangle Resistance Holds, Downside To 68K Risk Remains Hello everyone, here is my breakdown of the current BTCUSDT setup. Market Analysis BTC previously traded inside a downward channel, forming lower highs and lower lows. Price later...
Long-Term Position in Forex Trading 1. Introduction to Long-Term Forex Trading Long-Term Position Trading in Forex is a trading approach where traders hold their positions for weeks, months, or even years in order to capture large market trends....
The British pound’s recent performance against the US dollar has been characterized by a struggle for stability, as the currency fell for its third consecutive session to touch a weekly low of approximately 1.3370 during Thursday’s Asian trading...