USDCHF has provided traders with a textbook example of how Fibonacci extension zones can act as powerful resistance. After an extended move higher, price reached the 0.8020–0.8092 extension area, where sellers decisively stepped in. The rejection at this zone not only halted the advance but triggere

The Indian rupee (INR) has re entered a period of heightened volatility, reflecting a complex mix of offshore flows, hedging activity, and central bank intervention. After a brief rebound driven by strong buying in the non deliverable forward (NDF) market, the rupee weakened again, underscoring how

Asian markets have extended their losses, but for forex traders, the story goes far beyond falling stock indices. Beneath the surface, currency markets are responding to a familiar mix of risk sentiment, central bank expectations, and capital flows. This is not just about equities under pressure. It

Key Observations Higher High (HH): The market has established a significant Higher High (HH), indicating a prevailing bullish structure. Break of Structure (BOS): There was a recent Break of Structure (BOS) to the upside, confirming the strength of the bullish momentum. Ascending Trendline: Price is