I am closely monitoring the GBP/USD pair on the daily timeframe, and I can clearly see that the market continues to move within a broad flat structure rather than developing a stable directional trend. I believe the recent false breakout below the...
GOLD.m H1 Technical Analysis *Technical Structure* GOLD.m H1 is trading at *4508.30*, consolidating just below horizontal resistance at *4509.91* after failing multiple times to reclaim the descending red and blue moving averages. The metal remains...
I am focusing on the GBP/JPY instrument because I see the pair continuing to trade inside a broad bullish structure on the higher timeframes, although I also notice that short-term volatility remains elevated after the recent rejection from the...
EURJPY MARKET OUTLOOK EURJPY 1H is trading at 184.718, up 0.01% on the session, and sitting in a tight range just below the 185.00 handle after recovering from the 184.25 low. Price has been grinding sideways since the sharp drop from 185.25,...
Based on the provided USD/JPY H1 data, the pair is in a strong and consistent uptrend. The price has climbed steadily from 159.16 to 159.51, making a clear series of higher highs and higher lows. The trend shows acceleration in the most recent...