Market Structure and Trend Context The chart clearly shows that price was initially in a downtrend, making lower highs and lower lows. This is supported by the downward-sloping trendline and the longer moving average acting as dynamic resistance....
The EURUSD daily chart The EURUSD daily chart shows a clear bearish structure after a strong decline from the recent highs, indicating that sellers are in control and the pair is moving toward lower levels. The price action forms a sharp downward...
From a fundamental perspective, crude oil prices are being pulled back by both oversupply concerns and ongoing geopolitical risks. Crude oil recently retreated after a significant gain of over 4% in the previous trading day, as the market refocused...
The NZDCHF has been struggling with evident downward bias since the start of the year but it continues to create spaces of consolidation that could suggest possible reversals. During the six months preceding, the two have gone downward since the...
AUD/USD H4 Technical and Fundamental Analysis On the H4 timeframe, the AUD/USD pair is exhibiting consolidation within a broader downtrend, as evidenced by the price structure and key technical indicators. The latest candle closed at 0.6699, nestled...
