TECHNICAL ANALYSIS NZDUSD 4h chart is in a strong downtrend with price below all major emas. Current price is 0.56440. Price dropped from 0.59000 area to 0.56440 and now is consolidating near lows. Structure shows lower highs and lower lows. Price...
After reviewing the H4 chart of USDCAD, my overall bias remains bullish, although I believe the pair is approaching an area where traders should be more cautious about chasing higher prices. The market has been respecting a well-defined uptrend for...
Here is a technical analysis of the AUD/USD pair on the 1-Hour timeframe: 1. Market Structure Trend Analysis Strong Bearish Trend: The market is firmly in a markdown phase. The ZigZag indicator represented by the red and blue lines) clearly...
*Silver 2-Hour - $56.60 Capitulation -8.04%, Measured Move Hit* *Pair:* Silver/USD *Exchange:* TVC *Price:* $56.6016 *Change:* -$4.9505 (-8.04%) *Timeframe:* 2H *Time:* 39:21 This is textbook capitulation. $56.60 blew past $55.50 measured move...
Market Analysis: GBP/USD Technical Outlook The GBP/USD currency pair has recently displayed a clear bearish structure on the hourly chart. Price action began with a series of lower highs and lower lows, confirming the dominance of sellers. A...
