Looking at the H4 chart, my overall bias for EURUSD is bullish due to the current price being above the Ichimoku cloud , indicating a bullish market. However, the price seems to be heading towards the Ichimoku cloud, so I am looking for a sell at 1.04818, where the 38.2% Fibonacci line is. Stop loss

The previous scenario had revealed the existence of a symmetrical triangle, awaiting pullback confirmation, following a bearish breakout. Even though it had been thought for a while that this bearish scenario would be invalidated. A new analysis confirms that in reality, it is valid and even already

GBPUSD is providing us with another short opportunity on the 4h chart. The GBP pairs together with most of the EUR pairs are getting weaker due to the uncertain situation of the new cold war with Russia and the market seems to lose momentum after the attempt to break above the weekly resistance that

Possible downward movement of the pair. The price is currently in a trading formation zone with significant volume , maintaining an interesting rejection at the top of this zone, reported in indicators such as the Squeeze Momentum and MACD histogram, change of direction to bearish , together with a

Russia's recognition of the Donetsk and Lugansk People's Republics (DLPR) has sparked global outrage and triggered the first tranche of sanctions. Although Russian markets are closed for a public holiday, offshore trading shows a continued sell-off in Russian USD debt. We take a look at the cross-ma

Daily Pivots: (S1) 0.9185; (P) 0.9202; (R1) 0.9223; Intraday bias in USD/CHF remains on the downside for the moment. Corrective rebound from 0.8998 has completed with three waves up to 0.9304. Further fall should be seen for retesting 0.8998 low. On the upside, break of 0.9218 minor resistance will