Based on the provided MetaTrader chart for USD/JPY on the H1 (1-hour) timeframe, here is a breakdown of what the technicals are telling us. 1. Overall Trend: Strongly Bullish The dominant theme of this chart is a clear, prolonged uptrend that...
Crude Oil Trend Outlook: The present discussion pertains to the analysis of the price behavior of Crude Oil. Currently, on the hourly chart, the bears persist in their downtrend. The price, having rebounded from the 50% resistance level of 97.01 and...
GBPCAD MARKET OUTLOOK GBPCAD 1H is trading at 1.85628, up 0.33% on the session, and consolidating near session highs after a sharp breakout above 1.8530. Price has been in a strong uptrend since bouncing off 1.8430, printing higher lows and higher...
GBPUSD Forecast: Hello dear members! look at the GBP/USD h4 time frame, skilled were days when the market was above support and failed to break above that support at 1.34387. As well, prices rallied above support to 1.34267 resistance. From there to...
The EUR/USD chart on the H4 timeframe is showing a strong bearish structure after price failed to maintain momentum above the recent swing highs near 1.1670. Sellers have regained control as the pair continues printing lower highs and lower lows,...
