According to my analysis of the Euro / U.S. Dollar 1H chart on OANDA, the pair is testing the ascending trendline after breaking below the marked *MSS (Market Structure Shift)* and failing to hold above the *BOS (Break of Structure)*. Current price...
Support and resistance are among the most essential concepts in forex trading, forming the foundation of technical analysis. These levels help traders understand market behavior, identify potential entry and exit points, and manage risk effectively....
This is XAUUSD on M3, last price 4713.28 at 01:05. You’re in a choppy downtrend after a failed breakout and sharp selloff. Here’s the breakdown covering volume, RSI context, support/resistance, MAs, and entry levels: *1. Trend Moving Averages* -...
In my view, natural gas (NG) has finally delivered a key technical development by breaking through its trendline around the 27 level. This is something I had been anticipating for some time, and as I mentioned earlier, such a breakout creates the...
When I look at silver as a trading instrument, it feels like it is trying to reach its downside targets even faster than gold itself. This is somewhat unusual to me, because I typically associate faster, more aggressive moves with gold rather than...
