Bearish candles are well formed on the daily time frame with highs and lows at 0.6891 and 0.6833. The weakening is seen to be held back at the EMA 12 daily. Meanwhile, yesterday's trading conditions have reconfirmed the bearish current, allowing for...
In the scenario you’ve described for predicting price movements in the financial markets, liquidity zones and Fair Value Gaps (FVGs) play a crucial role in understanding the dynamics of the currency pair. The first significant support level is...
AUD-USD PAIR FORECAST Although it was flat, yesterday this pair experienced a weakening that caused quite a change in trend. In the Asian session on Thursday, sellers had tried to enter since morning trying to continue the negative movement...
Mastering Forex Trading: The Critical Role of Strategy Testing and Demo Accounts In Forex trading, having a solid strategy is essential, but even the best strategies need rigorous testing to ensure their effectiveness in real-world market...
Double Top Chart Pattern The Double Top is a bearish reversal pattern that typically forms after an extended uptrend. It indicates that the upward trend is losing momentum and a potential trend reversal might occur. Traders often look for this...