The EUR/GBP hourly chart demonstrates a compelling price action pattern, reflecting a mix of bearish and bullish dynamics over the observed period. From late November through early December 2024, the pair experienced a pronounced downtrend,...
In my analysis, the Bitcoin H1 chart vividly illustrates the dynamic interplay of market forces, with distinct bullish and bearish movements shaping the price action. Beginning in mid-December 2024, Bitcoin demonstrated a robust upward trajectory,...
EUR/USD Technical Analysis The EUR/USD currency pair remains in a downtrend on the 4-hour time frame. The market structure suggests that selling pressure is ongoing, as the pair is currently trading near the 50-day Simple Moving Average (SMA), which...
The USD/JPY (US Dollar / Japanese Yen) pair presents a unique set of dynamics in the forex market, driven by a blend of technical patterns, economic factors, and market sentiment. Analyzing this pair requires understanding not only the typical...
From my perspective, the EUR/GBP hourly chart reveals a fascinating progression of price behavior, marked by periods of consolidation and breakout. The chart highlights the effective use of Bollinger Bands, Standard Deviation, and Average True Range...