The NZD/USD H1 chart presents a clear example of a market that has transitioned from a bullish phase into a sustained bearish trend, followed by a period of consolidation and early signs of recovery. In the initial stage, price action shows a steady...
Crude Oil Price Action Crude Oil (CL) on the H1 timeframe is currently showing signs of recovery after a strong bullish impulse followed by a corrective pullback. The chart indicates that price recently made a sharp upward move, breaking above...
Technical analysis of Crude oil On the H1 timeframe, WTI Crude Oil (USOIL) is currently trading around the 94.00 – 94.20 zone, moving within a broad ascending channel, which reflects a medium-term bullish structure. However, recent price action...
From my perspective, the current price action on GOLD (H4) clearly reflects a strong bearish structure that has been developing over the past sessions. What stands out to me first is the consistent formation of lower highs and lower lows, which...
Gold (XAUUSD) H4 Analysis – Bearish Momentum Building, Sellers Still in Control Hello traders, Sharing my current view on Gold based on the H4 timeframe. After carefully analyzing the chart with EMA (9, 20, 50) and RSI, the overall structure is...