Technical Analysis: XAUUSD M30 Overall Trend Structure* The XAUUSD M30 chart shows a clear bullish structure from August 3 to August 6. After a consolidation phase near 4015-4050, price formed a higher low and broke out of an ascending triangle...
EURUSD is currently trading at 1.15556 on the hourly timeframe, and the overall structure reveals a market that has been in a clear downtrend since the July 27 peak at 1.15725, with sellers maintaining consistent control and pushing price lower...
The Policy Dovish Rebalancing: NZD/USD Slides to 0.5860 as Rising Labor Surplus Weakens RBNZ Tightening Case The NZD/USD currency pair capitulated to fresh downside pressure on Wednesday, tumbling 0.54% toward 0.5860 following the release of...
XAUUSD (Gold) H1 Technical Analysis – Smart Money Concept Outlook The H1 chart shows that XAUUSD remains in a strong bullish trend after breaking out from the consolidation range around 4112–4117. Price respected the demand area before producing an...
Here’s how I’m reading EUR/JPY after that sharp yen move last week. The pair got hit hard and finally reached the 179.80–180.60 support area, which is the most important zone on the chart right now. The reaction from this area was aggressive, with...
