Our current focus is evaluating the price action of the AUD/USD currency pair. Another important factor driving the decline is the CCI indicator, which, on the weekly chart, is falling from the upper overheating zone. During this period, a bearish...
EURUSD 09.14.2024 Euro is in the intrigue mode again. At the end of the last trading week, the currency pair left a growth signal on the H4 timeframe, but did not fulfill the signal also on the H4 timeframe, but for sale. In general, now it is...
EURJPY Until the end of the week trading session, the market structure was seen to still be moving down. The market that has been dominantly moving towards a bearish trend since a few weeks ago still doesn't seem to be over. This month the price...
Forex trading using the monthly time frame focuses on long-term market movements and trends. This strategy is suitable for traders who prefer a more relaxed trading style and have the patience to hold trades for weeks, months or even years. Here's...
GBPUSD On the weekly chart on the left, the current price structure appears to be creating a bullish pattern, because the movement in the last 5 weeks has clearly been dominated by buyers. There are two double marubozu candles that are the driving...