Price gaps are always something that traders should pay close attention to because they often influence future market behavior. However, in this particular situation, the gap was filled relatively quickly, which changes the overall outlook for the...
The "RBA Pivot" Trap: AUD/USD Tests 0.7100 Floor as Crashing Antipodean Fundamentals Meet War-Risk Premium The AUD/USD currency pair showcased a highly localized layer of intraday resilience above the critical 0.7100 psychological cushion on...
GBP/USD H4 TECHNICAL ANALYSIS Hello. Yes, it seems like sellers are extending the GBP downside; they closed the day yesterday, and are trying to go even lower today. For the downtrend to continue, sellers must breach and consolidate under 1.33911....
Natural Gas prices forecast Four hour time frame On the 4H, NG bottomed at 2.862 and bounced hard. It’s been riding the upper Bollinger Band the whole way up, with RSI climbing to 62.34 and still not overbought. That red resistance line at 3.128...
Regarding USD/CAD, I have recently been focusing on the question of where the price may move in the near term. What makes the current situation interesting is the way the market reacted after approaching the 50% Fibonacci retracement support level...
