I am continuing to monitor the GBP/USD pair with a bearish outlook because I have repeatedly emphasized that the market still has room for additional downside movement, even after the recent sharp decline. I believe the overall structure of the pair...
EUR/USD Forecast Interbank order flow indicates that the EUR/USD spot cross finalized its weekly trading operations under intense distribution, securing a definitive weekend closing print at 1.1622. I tracked a high-velocity five-day selloff over...
SILVER MARKET OUTLOOK Silver CFD 30m is in a sharp downtrend, trading at 75.8940 down 9.03%. Price dropped from 81.00 to test 75.80 today, staying below the falling 20-period MA on every bounce. The market context is heavily bearish short term,...
I usually focus on the higher timeframes near the end of the trading week because I believe they provide a clearer picture of the overall market structure and help me avoid emotional decisions caused by intraday volatility. I noticed that the...
17 May 2024 USDJPY Climbs Toward 158.742 as Wide Yield Gaps and Dollar Appetite Sustain Upward Pressure Bullish Trajectory Looks Unshakable on Higher Timeframes USDJPY is hovering around 158.742 right now. The pair just keeps stretching its massive...