The chart displayed is actually the EUR/USD 30-minute timeframe rather than XAU/USD H1, and the overall technical structure remains moderately bearish despite several short-term recovery attempts. Price action is trading below the major long-term...
Technical analysis of NZDUSD Today I choose NZD/USD for technical analysis; the market price is falling. The market respects the trend line too much; the price moves up from the bottom and reaches the trend line, and then the market price rises...
Silver is no longer moving with the same aggressive bullish energy seen earlier this month. The market has shifted into a hesitation phase, and traders can feel it directly from the way price keeps rotating around the $76 region without conviction....
USDJPY H1 Timeframe Technical Analysis Overview and Price Action The USDJPY pair is currently exhibiting a consolidation phase following a significant bullish impulsive move. Looking at the left side of the chart, the pair staged a robust rally...
*Technical Structure* NZDJPY H1 is trading at *93.034*, breaking below the confluence of the white, blue, and red moving averages near *93.224* after days of consolidation. The pair had been coiling between *93.255* and *93.034*, but the latest red...