Forex Signals & Analysis

The foreign exchange market, also known as Forex, is the world’s largest financial market, with constant trading activity. While many participate in manual trading, relying on analysis and gut instinct, there’s a growing trend towards automation. Let’s explore why forex automated trading might be a better option for some traders. Emotional Detachment and Discipline Manual …

Why Forex Automated Trading is Better than Manual Trading? Read More »

Are you looking for GBP/USD forex signals? This post analyzes the latest price action and potential trading opportunities. Lower Time Frame Confirmation: Recommendation: Disclaimer: This analysis is for informational purposes only and should not be considered financial advice. Please consult with a qualified financial advisor before making any trading decisions.

In this forex signal update, we’ll analyze the EURUSD pair using H4, M30, and M15 charts. Our previous analysis identified a bullish butterfly pattern on the H4 timeframe. Now, an additional bearish butterfly has emerged, hinting at a possible price retracement. This retracement could bring the price down to the 1.06231 level before the uptrend …

EURUSD Forex Signal Update: Bullish Trend with Potential Dip (April 18, 2024) Read More »

Key Levels: Technical confluence identified for a potential long trade in GBPUSD: Trade Strategy: Overall, the confluence of the bullish Gartley pattern on the H4 timeframe and the strengthening uptrend on the M15 timeframe presents a compelling opportunity for a long trade in GBPUSD. Strict adherence to risk management protocols, including stop-loss placement, is crucial …

GBPUSD: Bullish Gartley Pattern Hints at Upside Breakout (April 17, 2024) Read More »

EURUSD Harmonic Pattern Forex Trading Signals & Analysis Key Levels: Technical Analysis: Trading Strategy: Based on the identified bullish butterfly on the H4 chart and the ranging consolidation on the M30 timeframe, we recommend a long trade on EURUSD with the following parameters: Risk Management: It’s crucial to maintain proper risk management throughout the trade. …

EURUSD: Bullish Butterfly Hints at Upside Breakout (April 17, 2024) Read More »