TECHNICAL ANALYSIS OF EUR USD PAIR. On the EUR/USD H1 timeframe, price is currently trading near 1.17360 after a strong corrective move from the recent high around 1.18200, indicating a shift from bullish momentum into a consolidation-to-bearish...
Overall Chart Structure and Price Action The H1 timeframe chart for USDCHF shows a clear uptrend over the displayed period, with price making higher highs and higher lows from a low around 0.7880–0.7890 up to a high near 0.7990 (labeled as MAX). The...
USDJPY Hourly Balance Point: The USDJPY hourly chart showed an interesting trajectory throughout the day. Initially, the price rose slightly, testing the resistance level near 156.627, followed by a series of moderate declines and rebounds....
GOLD (XAU/USD) – Daily and H1/H4 Analysis Daily Chart Analysis On the daily timeframe, XAU/USD has been in a strong downtrend since the monthly pivot resistance. The pair is approaching strong support at 4410, a key level to watch. A break below...
Technical analysis of EURUSD Today I chose EUR/USD and technical analysis. The market price timer was bearish and helped the price fall. Market prices started to break the weekly support at 1.1670. At this point, the market price reaches the next...
