1. Primary Trend Market Structure (H1) On the H1 chart, the primary trend is bullish but is currently exhibiting significant exhaustion and overextension. Price action shows a steep, near-vertical ascent from the lows near 4320.90 to the session...
GOLD H1 Technical Analysis – Bullish Trend with Short-Term Pullback Market Overview The GOLD H1 chart is showing a strong bullish structure after a powerful upward move from the 4370 area toward 4520. Price is currently trading around 4491.80, after...
USD/JPY is currently going through an important corrective phase after the strong bullish trend that dominated the pair from April through late July. Looking at the daily chart, I can see that the pair climbed steadily from the 156–158 region toward...
GBP/USD Timeframe Daily: Based on the GBP/USD daily chart, the current price movement shows a strengthening bullish structure after undergoing a consolidation and recovery phase since mid-June. The latest price is around 1.3604, having previously...
Looking at the recent price action on the AUDUSD currency pair, I cannot quite agree with the idea that the broader trend has suddenly flipped to the downside. As far as I am concerned, AUDUSD is still sitting firmly within a broader upward trend,...