The chart structure shows a clearly established bearish trend, with price consistently trading below the major moving averages and failing to sustain any meaningful bullish recovery. Recent candles indicate persistent selling pressure after multiple...
Gold technical analysis Market overview Gold on the daily timeframe continues to trade within a strong long-term bullish structure despite ongoing consolidation near higher price zones. The broader trend remains favorable for buyers because gold is...
Technical Analysis of the US Dollar Index 1. Chart Description: The chart shows the US Dollar Index (#USDX) on a 4-hour (H4) timeframe. The chart utilizes the Weekly Pivot Points indicator, which includes the weekly resistance levels R2 (98.94), R1...
I am closely monitoring the EURUSD currency pair, and I currently see the market entering a very important phase where both buyers and sellers are fighting for control after recent volatile movement. I believe the pair is still heavily influenced by...
EUR/USD Slumps as Hot US Inflation Resurrects Hawkish Fed Rate Bets EUR/USD is priced today at 1.1707, maintaining a heavy tone after failing to clear overhead resistance. The primary fundamental driver remains the hotter-than-expected US Producer...
