The USD/JPY M5 chart displays a strong bullish intraday structure, with buyers maintaining control throughout most of the session and driving price toward fresh short-term highs. The market initially established a solid recovery from the...
Market Structure Trend Overview. The Macro Picture:The chart shows a major downtrend leading up to a sharp bottom around June 25th near the 1.13405 level. The Transition: Following that major low, the market shifted into an aggressive bullish...
EURUSD: The price of EUR/USD is currently at 1.13841, and it is clear that a strong rebound will draw bears to restart the downward trend and cross the 200-day simple moving average at 1.13441. This could cause the price to drop significantly below...
WTI Crude Oil (USOIL) 4H Technical Analysis On the 4-hour chart of WTI Crude Oil, the overall market structure remains clearly bearish as price continues trading inside a well-defined descending channel. I can see that after forming a strong Higher...
USD/CHF 1H Analysis: Buyers Testing Key Resistance The USD/CHF 1-hour chart is showing signs of recovery after a period of sideways price action, with buyers attempting to regain control near the 0.8090 level. Although the pair remains inside a...
