On the USDJPY H4 chart, the dominant structure remains strongly bullish, despite the recent consolidation beneath resistance. Price has advanced from the 160.10–160.30 region to approximately 161.73 in a sustained impulsive move, creating a sequence...
Silver is still below the 200-day moving average and the uptrend line, two important long-term trend indications. Although there hasn't been much bearish follow-through thus far, each indicator recently exhibited hints of failing as support. The...
“Fear cuts deeper than swords.” — Arya Stark in A Game of...
Market Analysis The EUR/CAD hourly chart shows a market that has been range-bound for the last several trading sessions. Price action has oscillated between the horizontal resistance near 1.61700 and support slightly above 1.61400. Recent price bars...
After reviewing the H4 chart of USDCAD, my overall bias remains bullish, although I believe the pair is approaching an area where traders should be more cautious about chasing higher prices. The market has been respecting a well-defined uptrend for...
