A bandpass filter in forex trading is a technical tool used to identify and isolate price movements within a specific frequency range. It's typically applied in signal processing or trading analysis to filter out noise (high-frequency movements) and...
This GBP/USD H1 chart reveals a well-defined market structure, offering both short-term and medium-term trading opportunities. Over the past few weeks, the price has been in a clear downtrend, characterized by lower highs and lower lows. This...
THE CURRENCY PAIR EUR-CHF The EURCHF pair has consolidated above the support level, which is at 0.9435. The current price of the EURCHF pair is 0.9440, which means that we are now in the Envelopes purchase zone on the hourly scale. And we have...
Hello! Guys how are you today off my technical analysis for GBP/USD with a one day chart timeframe: Current Price: 1.2353 Night Price: 1.2503 Lower Price: 1.2107 Here are a few things to consider: 1. Price Movement Overview: The drop from 1.2503 to...
Hello. Yesterday, buyers were finally able to break through the 1.04359 level for the Euro, which gave us the first more or less significant break in the downward structure, but ultimately failed to consolidate behind this level. Now, to continue...