I begin my analysis of the NZD/USD (kiwi) by focusing on the 4-hour chart, where I observe a distinct sideways price channel that has dominated price action since late December. I note that the pair has consistently oscillated between the support...
H-1 Chart Technical Outlook USD/JPY Hello, fellow traders! Above the price is the moving average indicator; as we can see from the chart of this pair, this suggests that it is most profitable to carry out transactions for sale, but not for...
The chart provided represents the GBP/NZD pair on the H1 (hourly) timeframe. The market shows a trend that began with a bearish movement from the highs seen in early January, gradually descending towards a key support area around 2.1650. This drop...
The euro strengthened against the US dollar on Thursday, appreciating by 0.7% and climbing back above the 1.0400 threshold. This upward movement was fueled by a combination of factors, including broad dollar weakness and a less...
Today, I decided to analyze the EUR/USD pair using fractal channels, focusing on their boundaries. I simplified these boundaries to make my chart clearer because I find that the channel boundaries alone often provide sufficient insight. I...
