TECHNICAL ANALYSIS OF GBPUSD H4 British Pound / U.S. Dollar is at *1.34645, down - Structure: GBP is in an uptrend. After dropping to 1.32800 on July 26, price had a strong V-reversal and rallied back to test 1.34800 in August. Current price 1.34645...
Silver prices extended their winning streak to a fourth consecutive session on Thursday, trading near $62.20 per ounce during Asian hours as news of a potential deal to partially reopen the Strait of Hormuz drove oil prices lower and eased broader...
Technical and Fundamental Analysis of the GBP/USD Pair The GBP/USD pair remained steady around the 1.3465 area during Monday's session, extending the gains recorded over the previous two trading days. Despite the positive momentum, price action...
Technical Analysis: USD/JPY Daily Time Frame (D1) Trend Analysis: On the daily time frame, the broader macroeconomic uptrend has encountered severe structural friction following recent market interventions. The price action formed a prominent lower...
A breakout is more convincing when price closes beyond a meaningful structure level and holds it on the retest. Just poking through support or resistance with a wick, especially in thin liquidity, is often nothing more than a stop sweep. Context and...
