The chart shows EUR/USD on an M3 (3-minute) timeframe with a clear bearish trend from 15:30 to 22:42 on 13 Mar. *1. Trend Price Action* - The pair moves in a strong downward channel, with candlesticks forming lower highs and lower lows. - The...
Gold Forecast Gold on the H1 timeframe is currently showing strong bearish pressure as the market continues to trade below the short-term moving averages. The chart shows that sellers are remaining in control after failing to sustain the bearish...
GBPUSD Chart Review: This article analyzes the price movement of the GBP/USD pair. A clear bearish bias is suggested by the break of an old trend line, and a bearish scenario for the British pound looks promising. The decisive factor is a break...
AUD/USD Post Analysis The AUDUSD pair on the H4 timeframe shows a market that has recently shifted from a period of consolidation into a strong bearish correction. Throughout the earlier portion of the chart, the price moved within a relatively...
Silver on the Edge: Key Levels in Focus as Momentum Builds Market Influencing Factors Silver spent the last sessions moving in a tight and nervous range as the market reacts to the same drivers controlling gold and the US dollar. The biggest...