(XAU/USD) 1-hour chart According to my view and trading discipline, the Gold Spot (XAU/USD) 1-hour chart shows a clear structural setup with defined support and resistance zones that guide the next price moves. The current price action is hovering...
I see that yesterday’s decline was not technically wrong in isolation, but I understand now that I misread its context within the broader market structure and momentum. I expected the pullback to behave like a classic corrective move that would...
Based on the provided USDCAD H1 chart data, the pair is trading within a defined downtrend, as indicated by the descending price levels from 1.3820 down to 1.3660. The specific candle shown (Open: 1.3670, High: 1.3675, Low: 1.3666, Close: 1.3670) is...
The AUD/USD pair has surged toward the 0.6717 region during the European trading session on Wednesday, marking its strongest level in more than a year. This rally reflects a combination of Australian Dollar strength and broader shifts in global...
I am analyzing EURUSD on the H4 timeframe and I see that buyers were unable to consolidate above the key psychological resistance at 1.1800 during today’s trading session, which reflects hesitation and profit-taking near recent highs. I note that...