TheForexAdventures

TheForexAdventures Updated 

HELLO FELLOW TRADERS, I'm taking a look at the Euro/USD pair on the 4-hour timeframe. As you can see, the price has been consolidating around defined demand zone for the past few days. This zone is marked by a horizontal pink rectangle. Within this zone, we've seen a clear descending channel forming, indicating potential downward pressure. However, the price...

TheForexAdventures

The GBP/JPY pair is currently trading in upward channel, indicating a potential bullish trend if the Upward Channel break then wait for bearish trend. KEY OBSERVATIONS: Upward Channel: The price is currently trading in upward channel at channel support area 194.00 level, confirming the bullish bias. Supply Zone: This level represents a significant area of...

TheForexAdventures Updated 

XAUUSD 4H TECHNICAL ANALYSIS OUTLOOK Analysis Current Situation: * Gold is currently trading at $2,657 in the 4-hour Order Block. * The Demand Zone below at $2,613 / $2,623...