Technical Analysis of Gold 4-Hour Chart Gold experienced a strong upward trend in late June, with the price above the Ichimoku cloud and the Chikou Span above the price, and the Tenkan-1 crossed above the Kijun. However, this trend reversed sharply...
EURUSD M30 Technical Analysis. *Executive Summary* EURUSD M30 is trading at 1.14125 after a rejection from 1.14270. Price is sitting at the lower Bollinger Band and below the falling purple 20-EMA at 1.14160. RSI is bearish at 40.74 and dropping....
EURUSD M30 Chart Review: I haven't written on the Euro in a long time, so I decided to do it now. A topic I rarely discuss in my blogs suddenly came to mind regarding the Euro, and I thought it would be interesting to share. The current chart shows...
USDJPY D1 Chart Analysis: Let's see how the USD/JPY currency pair is now trading. I will keep searching for additional upside potential until the 165.860 level is reached if the currency pair is able to surpass the 163.680 level. I expect a...
Understanding the Two Types of Supply Zones in Smart Money Concepts Supply zones are one of the most powerful concepts in Smart Money Trading because they represent areas where institutional sellers enter the market. The chart explains two common...