Technical Analysis of Gold 1. Chart Description and Content We have a 1-hour chart for gold that uses the daily pivot point indicator to identify support and resistance levels. It also uses price channels, which are descending channels representing...
I am analyzing GBP/JPY after observing that Tuesday’s candlestick closed bullish, but I also notice that the total trading range was only 81 pips, which I consider relatively modest for such a volatile cross. I am interpreting this limited range as...
EURJPY H1 Technical Analysis – Key Levels Money Management The EURJPY H1 chart from 20 Apr 18:00 to 22 Apr 06:00 shows distribution after a failed breakout, with price now consolidating under a key moving average cluster. Current price is...
Silver (XAG/USD) Technical Analysis: Bears and Bulls Battle Near $76.50 (H4 Chart) Date: April 22, 2026 Timeframe: H4 (4-Hour) Current Market Price: $76.55 approximately Market Overview Silver (XAG/USD) is currently navigating through a period of...
Understanding False Breakouts in Forex Trading. False breakouts are one of the most common traps in Forex trading. A breakout normally happens when price moves above resistance or below support, suggesting the start of a new trend. However, a false...
