I have observed that the AUDUSD pair is exhibiting a price structure strikingly similar to the NZDUSD, which I analyzed in depth over recent weeks. In both cases, I identify a clear Elliott Wave pattern forming, with the third wave poised to extend...
I am analyzing the GBP/USD currency pair, and I see that it continues to trade within a growing price channel. Within this channel, I observe the development of internal trends that indicate bullish momentum. Currently, I notice that many...
General Points about EURJPY The EUR/JPY market had dropped below the 160.00 level. The decline appeared to be part of a correction process rather than a significant bearish trend, and the market is expected to move back up. Market participants...
NZDCHF Analysis: Overall Bearish Sentiment The NZDCHF currency pair is currently exhibiting a bearish trend, suggesting that traders should consider short positions on lower timeframes. This analysis will delve into the rationale behind this outlook...
The Smart Money Concept (SMC) is a trading strategy that focuses on identifying and following the actions of institutional traders or "smart money," who are believed to have better resources and information than retail traders. The idea is that by...