Forecast of EURJPY I noticed range trading activities on the H1, H4, daily, and weekly time frame charts, and the EURJPY is trading in the range zone on several time frame charts. The price fell in the most recent few candles on the H1 time frame...
I have been closely monitoring the NZD/USD pair on the H4 chart, where the 0.5924 level had proven itself as a remarkably strong resistance for a prolonged period, effectively capping any upward movement and influencing my decision-making. I...
The H1 chart of EUR/GBP illustrates a dynamic market with a noticeable shift in momentum and structure during the past month. From mid-March to early April, the pair experienced a prolonged bearish trend, characterized by consistent lower highs and...
Forecast of USDCHF According to the USDCHF's daily time frame chart, the bears were particularly dominant last Thursday as the price dropped with their furious momentum. As a result, the USDCHF generated an enormous bearish engulfing candle and...
Fibonacci is considered one of the most powerful tools that can be relied upon in trading. Traders use the Fibonacci indicator to identify potential support and resistance points based on specific mathematical equations. The discovery of the...