GBP/USD analysis: The GBP/USD currency pair recently broke through a significant resistance level at 1.29374-1.28900. This breakout is a notable development in the forex market. After breaking the resistance, the pair is now trading above this...
USD/CHF H-1 Hello! The currency pair is again in a sideways trend, I have to switch to the H1 time frame, which is often used by scalping enthusiasts, in order to clearly demonstrate this graphically - with a rectangle. The internal distance is no...
Analyzing the GBP/USD currency pair using the H4 and H1 timeframes provides a comprehensive strategy for identifying profitable trading opportunities. Our primary goal is to ascertain the current trend on the H4 chart and find precise entry points...
At this time, buyers of NZD/JPY are positioning themselves strongly to breach the next significant range at 91.22, which could happen in the near future. Since the market has advanced towards this crucial range, it serves as an appealing indication...
What Is the Rounding Top Pattern? A rounding top pattern is a price action formation that resembles an inverted "U" shape and signals a potential reversal in a bullish trend. The pattern is hard to find and can require extensive chart knowledge for...