Primary Trend Market Structure On the H4 EURUSD chart, price is trading near 1.16250, having bounced from the late-August low around 1.1550. The broader trend remains bearish on the daily timeframe (lower highs since July), but the H4 shows a...
Understanding Support and Resistance Flip The attached infographic perfectly explains one of the most reliable concepts in technical analysis: role reversal. This occurs when a former support level becomes resistance, or a former resistance level...
GBPJPY H1 Technical Outlook – Bearish Trend with Short-Term Recovery Market Structure GBPJPY remains bearish on the H1 timeframe. The chart shows a strong downward move from the 214.40 area toward 210.00, creating a clear sequence of lower highs and...
USDJPY Weekly Chart Analysis: We are discussing the analysis of the EUR/USD currency pair's pricing behavior. The market saw a breakdown of the level of 155.927 as the movement continued in the trend's direction. I said that the market achieved new...
*XAUUSD, M15 technical analysis *1. Overall Trend Price Structure* XAUUSD shows a strong bullish impulse followed by a corrective pullback on the M15 timeframe. Gold rallied sharply from the 4420 area up to a spike near 4510.85 on Sept 3 around...
