Over time, I’ve found that the Relative Strength Index (RSI), while widely popular, often falls short in forex trading. Many traders, including myself at one point, rely heavily on the RSI to identify overbought or oversold conditions. However, I’ve...
The upward movement that started last night in the NZD/USD pair from the 0.6463-0.6426 range has now come to rest at a significant horizontal support level of 0.6257. This level holds particular importance in determining the next direction of the...
The NZD/USD pair is currently facing downward pressure, which is preventing any significant recovery. On the downside, liquidity sweeps (D-Liq) around the 0.61250 level have seen modest buyer interest. However, the repeated testing of these zones...
GBP/USD has been strengthening against the U.S. dollar in recent sessions, marking an important trend to watch. The four-hour chart of GBP/USD shows a continuous upward movement, making buying opportunities appear quite favorable. I’ve identified...
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...