From my technical analysis, I believe AUD/USD is currently in a short-term bearish phase, although the longer-term outlook remains constructive. By examining multiple timeframes, I can see that the market is experiencing a correction within a...
Gold (XAU/USD) 4H Analysis: Bearish Structure Points to Lower Prices Gold (XAU/USD) continues to trade with a clear bearish bias on the 4-hour timeframe, as sellers maintain control following a strong rejection from higher resistance levels. The...
From my analysis of the EUR/USD daily chart, the overall market structure continues to favor the downside, although short-term price action suggests that a corrective rebound may develop before the broader bearish trend resumes. The wave structure...
XAUUSD 15M Technical Outlook: Gold Weather Report - July 1 *Current Conditions: 3,977* We’ve just come through a heavy selloff. Price dropped from 4,050 highs down to 3,960. That was a bearish storm. Right now we’re in the eye. Light consolidation...
The H1 chart displays a market attempting to recover from a previous bearish decline, but recent price action suggests buyers are encountering strong resistance at higher levels. After forming a significant swing low, price generated an impulsive...
