Based on the provided AUD/USD 1-Hour chart, here is a comprehensive technical analysis focusing on the market structure, recent price action, and potential scenarios for when the market opens. 1. Market Structure Trend Analysis Overall Trend:...
XAGUSD HOURLY WATCHING XAGUSD Support and Resistance Zones The XAGUSD H1 chart shows silver recovering strongly from the 61.40 low and now testing a major resistance area. The structure is clearly bullish short-term, but the next move depends on...
Market Structure Shift Looking at this monthly chart from February 2024 to October 2038, price initially made lower lows and lower highs from 148.641 down to 137.221 in June 2024. This was a bearish structure. However, after the low at 137.221 in...
Based on the image you provided and the latest market data, the AUD/USD pair is at a decisive juncture. The failure to sustain momentum above 0.71 has led to a sharp retracement, bringing price down to a critical support zone that will likely...
Gold prices forecast On four hour time frame On 4H chart Gold saw massive dump then recovery. June 5 big red candle broke blue 20 MA 4246 and dropped price from 4359 cyan resistance straight to 4055.75 green support. That’s $300 move down. 4055...
