If we look at the price pattern structure, it is clear that there has been a change to lower low - lower high. The price that moved down impulsively almost reached the support (S2) of 1.0682, passing the low prices of 1.1216 as an invalidation...
Technical Analysis of New Zealand Dollar/US Dollar NZD continued to grow in the previous trading week, finding support at 0.6198, establishing a new uptrend. The price was able to rebound from this level and continue moving up, reaching a new local...
Analysis of Price Action in USD/JPY Overview of Market Dynamics The recent price action in the USD/JPY currency pair has exhibited significant momentum, characterized by multiple liquidity grabs and the formation of displaced liquidity (DLiq)...
Overall, while the EUR/GBP pair is currently trading near important support areas, suggesting potential bullish activity, the downside risks remain significant. Traders should closely monitor technical indicators, price action, and fundamental...
On the USDCHF H1 time frame, the USD/CHF currency pair has been traded within a well-defined range over the past few sessions. This range-bound price action has seen the pair oscillating between specific support and resistance levels without...