On Friday, the EUR/USD pair made a minimal correction, but it still failed to break above the trendline positioned near the price for the last two weeks. Thus, we still cannot conclude that an upward correction has started. All we saw on Friday was...
GBP/USD Analysis and Market Outlook Greetings, colleagues! As we observed on Friday, the GBP/USD pair didn’t exhibit strong movement. Initially, there was a positive impulse from the UK, allowing the pair to test a significant resistance level...
•••Unveiling the ABC Pattern: Your Guide to Predicting Market Corrections••• As a trader, you’re always on the lookout for patterns—clues hidden within the price action that help you stay one step ahead. One such pattern that can be a game-changer...
GBP/USD Price Forecast GBP/USD edges lower at the start of a new week amid a modest USD strength. The fundamental backdrop supports prospects for a further depreciating move. A slide towards the 1.2960 confluence support looks like a distinct...
The Zigzag Indicator: A Comprehensive Guide The Zigzag Indicator is one of the most powerful yet often underutilized tools in technical analysis. Its primary function is to filter out market noise and identify trends more clearly, helping traders...