GBP/USD Under Huge Selling Pressure Waiting To Break 1.3205 I see in my market data that the daily high and daily low show a big downward move for GBP/USD as the U.S. Dollar gets stronger every day. The main reason for this big move is that the...
The EUR/USD pair continued its downward trend on Wednesday, decisively breaking below the 76.4% Fibonacci retracement level near 1.1416 and then settling below it. This technical pullback exposes the euro to further losses, potentially reaching the...
Gold prices (XAU/USD) fell to around $4,275 per ounce in early Asian trading on Friday, extending their previous downward trend amid growing market expectations of an interest rate hike by the Federal Reserve later this year. The surge in oil prices...
The Visual Narrative: A Study in Contrast One thing I’ve learned from watching charts for a long time is that price doesn’t really “speak” in words. It speaks visually. And sometimes the most important information on a chart isn’t the candle itself....
Gold H1 Technical Analysis – Consolidation Near Key Support Current Market Structure Gold (GOLD.m) is trading around 4272.86 on the H1 chart. Price action shows a period of consolidation after a strong decline from the 4280–4285 region. Recent...
