Based on the H1 Silver chart, price is trading near 59.72, recovering from a sharp dip to 59.26 after a strong rally that peaked at 61.10. The structure shows a bearish rejection from the 61.10 high, with price breaking below key support at 60.18...
BTCUSD M30 Technical Analysis Using Smart Money Concepts (SMC) Market Structure Shift (MSS) The BTCUSD M30 chart initially showed a strong bearish Market Structure Shift (MSS) after price failed to sustain above the previous swing high. Sellers...
EURUSD 5-Minutes Analysis: The euro fell below the 1.14034 price level on Wednesday; it is currently trading slightly above that level, and more drops are likely in the near future. However, we should exercise caution because FOMC press conferences...
Here is a breakdown of the technical analysis for GBP/USD H1 based on the price action in the chart: 1. Overall Trend Assessment Primary Trend: Strong Bearish Trend. The overall structure shows a distinct sequence of Lower Highs and Lower Lows from...
USDCHF D1 Chart Analysis: The following is displayed on the USD/CHF daily chart. The currency pair has surged since the price rebound in November, above both its 50 - day and 150 - day simple moving averages (SMAs). However, because the currency...
