EUR/JPY Suffers Sharp Intraday Breakdown as Aggressive Selling Overwhelms Prior Bullish Structure The EUR/JPY M30 chart shows a decisive and abrupt shift in market structure, with price experiencing a sharp selloff from recent highs and breaking...
I believe it was only a matter of time before USD/CHF finally escaped the prolonged sideways range on the daily timeframe, because I had been watching this consolidation since the summer and I knew that a 300-point range could not hold price...
I believe that regarding profit-taking, if the 5,000 level and possibly higher levels are reached, I will expect buyers to decide to cover positions again, and I think this process could trigger a sharp and emotional decline in the yellow metal, and...
Such a short-lived rise to the level of 0.7910 does not alter the fact that USD/CHF is under pressure in the long run. Although the upward movements are present at certain times, the successive peaks are lower than the previous ones, creating a...
EURUSD Technical Analysis – Market Outlook EURUSD is currently trading around 1.1826, and the pair is showing a downtrend in the current market structure. Recent price action reflects continued bearish pressure, as sellers remain active near key...
