Based on my current analysis of the AUD/CAD currency pair, sellers have recently demonstrated strong control over the market. Starting from the 0.99171 area, bearish momentum intensified and pushed the price lower until it reached approximately...
CL Crude oil Analysis On four hour time frame On the 4H chart WTI has been stuck in a range since late May. Top at 97.17 red resistance, bottom at 89.73 green support. Tested 97.17 twice in May and got rejected both times. Early June it dumped to...
NZDUSD MARKET OUTLOOK NZDUSD 1H is trading at 0.58284, up 0.57% on the session, and recovering after a sharp breakdown below the 0.5850 support level. Price had been ranging between 0.5850 and 0.5880 from the 3rd to the 5th, trading under the...
*WTI Crude Oil 2-Hour Chart Analysis: $91.46* Oil recovering. $91.46, +1.35% after dropping to $88. 2h chart shows $88 held, now testing $92-$94 supply. Price Structure Jun 1-4: Lower highs $96 → $90. Broke $92 support, tested $88. Jun 5-8: V-bounce...
Liquidity sweeps are one of the most fascinating concepts in modern price action trading and are often associated with the behavior of institutional traders, banks, and so-called “smart money.” A liquidity sweep occurs when price intentionally moves...
