Bearish Reversal and Momentum Shift in GBPCAD (H1) The provided H1 chart for the GBPCAD currency pair illustrates a distinct shift in market dynamics, transitioning from a strong bullish trend to a sharp bearish reversal. Over the observed period,...
GBP/USD Technical Analysis GBP/USD drops to near 1.3248 as the US Dollar bounces back. Investors await FOMC minutes of the September policy meeting. The Fed is unlikely to hike interest rates in the policy meeting later this month. The British...
Technical Analysis: GBP/USD Daily Time Frame (D1) Trend Analysis On the daily chart, the broader structural uptrend has been heavily compromised. Following a rejection at the 1.3375 distribution block, the pair has sliced downward through near-term...
Silver (XAGUSD) H1 Technical Analysis 1. Current Market Structure The Silver H1 chart shows a clear bearish market structure. Price has been making lower highs and lower lows, especially during the most recent sessions. After failing to sustain the...
Technical Analysis – XAU/USD According to the H1 timeframe of the gold, we can see that the price has reached the support level 4113. After reaching the 4,700–4,750 region, price formed a series of lower highs and lower lows. The decline...