Retest Trading Strategy: Mastering Bearish Continuation What Is a Retest? A retest is one of the most useful concepts in technical analysis. After price breaks an important support level, it often returns to that same area before continuing in the...
Gold on the Edge: Key Levels in Focus as Momentum Builds Market Influencing Factors Gold is having a rough start to September. XAU/USD dropped to around $4,282.45 during the Asian session before recovering toward the $4,320 area, extending a decline...
GBPUSD H1 TIMEFRAME ANALYSIS Based on the provided GBPUSD H1 (1-Hour) chart, here is a technical analysis covering price action, trend, and indicators. Overview and Trend Analysis The GBPUSD pair is currently exhibiting a strong bearish trend on...
EURUSD Technical Analysis: By forecasting its medium-term movement, a currency pair or instrument on the H1 period provides profit. To turn a profit, we must accurately assess the present trend on the higher H4 timeframe and identify the best timing...
Based on the provided M15 chart data for USDJPY, we are analyzing a single candlestick with the following details: Open at 159.722, High at 159.840, Low at 159.711, and Close at 159.829. This forms a bullish candle with a moderate range, closing...
