Gold Outlook: Buyers Are Gaining Control After the Breakout Gold is starting to look much more constructive on the daily chart. The broader wave structure is technically still pointing downward, but the situation is no longer as bearish as it was...
Market Analysis and Insights: The pair is trading with a clear bullish tone after extending its recovery toward the 1.3640–1.3660 area, with the pair recently reaching around 1.3661, its strongest level in roughly six months. Sterling has now...
NZD/USD Outlook: Strong Uptrend, but I’m Still Watching for a Reversal The NZD/USD pair is currently showing a strong bullish structure, and I have to admit that buyers are doing a much better job than I expected. On the four-hour chart, the price...
EUR/USD Outlook: Could a Pullback Toward 1.1500 Be Next? EUR/USD has made a pretty interesting move recently, and from a technical point of view, the chart is behaving almost exactly around the levels I have been watching. The pair climbed toward...
Support breakout and retest is a popular price action setup that can help traders to identify a possible continuation of a bearish move. The basic idea is that when an important support level is broken with strong selling pressure that previous...
