Market Overview The GBP/USD pair on the H1 timeframe continues to exhibit a clear bullish bias as of July 10, trading near the 1.3426 level. Over the past several days, the pair has steadily climbed from lows around 1.3330, establishing a series of...
*XAUUSD - 2H Technical Analysis Report | OANDA* *Current Price: $4,112.55 | Change: -$10.77 | -0.26%* *1. PRICE STRUCTURE* Market went through 2 clear phases: 1. *Bullish Rising Channel*: $3,960 → $4,210 - Broken down on July 3 2. *Bearish Falling...
*Technical Analysis - Gold Spot XAU/USD 1D Chart - OANDA* *Price Action* Chart shows Gold on 1D timeframe. Current price 4,118.200, down 5.590 (-0.14%). Structure: Major downtrend from March high ∼5,400 to June low ∼3,950. July: Base building. 3,950...
*Technical Analysis - Brent Crude Oil BCO/USD 4H Chart - OANDA* *Price Action* Chart shows Brent on 4H timeframe. Current price 76.540, down 0.163 (-0.21%). Structureowntrend from mid-June high ∼81.80 to July low ∼71.80. July: Sharp recovery. 71.80...
Hello everyone. From my experience, opening a sell position without a clear trading plan can be risky, and I was reminded of that during yesterday's trading session. Even though I had a technical reason to enter the market, the price movement...