The EUR/GBP hourly chart illustrates a market that transitioned from a downtrend to a period of consolidation, followed by a sharp breakout to the upside. Observing the price action, the initial bearish trend between December 13 and December 19 was...
The AUD/USD pair on the H1 chart is currently in a consolidation phase, reflecting market indecision. The price has been fluctuating within a defined range, with neither buyers nor sellers managing to establish a dominant trend. This range-bound...
The USD/CAD pair has demonstrated a range of price behaviors over the observed period, providing valuable insights into market dynamics. On the H1 timeframe, the price action reveals a clear cyclical movement of highs and lows, suggesting...
The NZD/USD currency pair is facing significant challenges as reflected in its recent movements on the 4-hour chart. After bouncing off the critical long-term support zone between $0.55 and $0.56, the pair climbed to test resistance at the upper...
Technical analysis is like an art there are some rules how should you act but what I like about is a room for freedom you can modify and adapt even ordinary tools according to your needs and...