Market Structure and Context The chart displays a clear transition from a bearish to a bullish environment. Initially, the price action on the left shows a series of lower highs and lower lows, confirmed by the red Break of Structure (BOS) line...
The EUR/USD pair has shown a notably muted reaction to the latest round of upbeat U.S. macroeconomic data, remaining confined to familiar territory around the 1.1650 handle. Despite stronger-than-expected U.S. Retail Sales, which rose by 0.6% in...
Crude Oil Chart Review: The current discussion focuses on analyzing oil price movements. Recently, the CL crude oil price is not in an upward trend, fluctuating between 61.90 and 63.92. Looking at the weekly Fibonacci retracement chart, bulls have...
Technical Analysis of NZD/USD The NZD/USD pair is going up on the 4-hour chart. It went up fast after it got past 0.5873. Then it stopped moving for a bit. Now the NZD/USD pair is moving towards the 0.5910 area. This is a deal because the NZD/USD...
I observe on the NZD/USD chart that after several minor recovery attempts, buyers have managed to reclaim some previously lost ground, yet I clearly see that bears continue to dominate overall price behavior. I note that despite short-term bullish...
