I am analyzing West Texas Intermediate in light of the recent geopolitical escalation following the missile strikes involving the US and Israel against Iran, and I see that the market initially reacted with a sharp spike before correcting back...
GBP/USD H4 TECHNICAL ANALYSIS Hello. Yes, yesterday the Pound approached nearly the lower boundary of the current sloping channel, signaling that the market is testing a key support area. Buyers are currently trying to prevent further decline, but...
RBA hawkish tone supports AUD, but oil-driven CAD strength limits upside in AUDCAD. Price trapped between supply (0.9730–0.9750) and demand (0.9650–0.9670), signaling consolidation. Break above 0.9732 confirms bullish continuation; break below...
Market Structure Analysis The chart begins with a clear Break of Structure (BOS) to the upside, signaling a strong bullish trend earlier in the day. This push led to a peak near the $5,420 mark. However, the momentum stalled, forming a distribution...
I note that the USD/CHF pair opened the week without any dramatic or structurally significant developments, although I did observe a minor gap at the start of trading that was quickly filled as price pushed higher. I interpret the immediate closing...