Fundamental Analysis: Gold (XAU/USD) is trading around $4,165.71 per ounce, with the latest available market reporting on October 16 showing spot gold near $4,165.12. The metal remains under pressure following a weekly decline of approximately 0.7%,...
The provided weekly (W1) chart of USDJPY exhibits a clear, long-term structural shift from a broad consolidation phase into a sustained bullish trend, punctuated by significant volatility. The primary trend is unequivocally upward, initiated from...
The lower highs and lower lows suggest the bearish trend remains intact until price breaks above resistance. Just as a tracks consistent signals, traders should wait for confirmation before acting on a potential reversal....
The price of Ethereum (ETHUSD) jumped during its recent intraday trading, hitting the resistance of its 50-period simple moving average. This coincides with its testing of a short-term downtrend line, which doubles the strength of that area as a...
Introduction to Order Blocks in Smart Money Concepts Introduction Smart Money Concepts (SMC) is a trading approach that focuses on market structure, liquidity, price imbalances, and potential institutional activity. One of its most popular concepts...