GBP/USD Weekly chart: As we can see, the flat price channel was broken earlier, after which the pound/dollar pair returned to the upward trend and a new price channel was formed - an upward one. True, the channel has the shape of a northern wedge,...
USD / CAD: We are discussing and analyzing the USD/CAD currency pair's current pricing behavior. My trading strategy is around the Bollinger Bands and a vertical volume histogram. It signals a potential peak in growth and suggests opening a short...
Gold triggered a bearish reversal on Friday after hitting a record high of 2,686 on Thursday. The high appeared at a key resistance zone, defined by several rising ABCD patterns between the 2,660 and 2,675 levels. Despite breaking above 2,675 during...
Adaptive Price Zone in Forex The Adaptive Price Zone (APZ) is a technical indicator used in Forex and other financial markets to identify potential buy and sell zones based on market volatility. It was developed by Lee Leibfarth and is designed to...
The GBP/USD 1-hour chart displays a bullish trajectory, with the current price at 1.32276. This upward momentum is supported by a series of liquidity sweeps and Fair Value Gaps (FVGs) that have provided the necessary structure for buyers to push the...