TECHNICAL ANALYSIS OF GOLD PAIR. Gold on the H1 timeframe remains under strong bearish pressure after failing to sustain momentum above the 4550–4600 resistance region. The chart clearly shows a dominant downtrend structure with price trading below...
Technical analysis of Crude oil WTI Crude Oil on the 1H timeframe is currently trading within a broader bearish structure after experiencing a strong decline from the 101.50 resistance region. Following the previous bearish breakdown, sellers...
The chart displayed appears to show a strong bullish intraday structure despite periods of temporary consolidation and corrective pullbacks. Price action initially moved sideways in a narrow accumulation range before sellers briefly pushed the...
USD/JPY Technical and Fundamental Analysis The current market price of USD/JPY is 159.214. USD/JPY is still in an upward trend but it is slowing down near 160.00. This is an important price level. Technical Analysis Market Structure The trend of...
A Change of Character (CHOCH) in forex trading refers to a shift in market behavior that may signal the end of an existing trend and the beginning of a new one. It is a concept commonly used in Smart Money Concepts (SMC) and price action trading....
