EUR/USD Analysis: Break of the Ascending Channel and Decline Toward Key Support Levels The 4-hour (H4) chart for the EUR/USD pair reveals significant structural shifts in the trend; the price successfully broke below the ascending price channel...
Support Levels The primary support zone is located at 4249.40 – 4279.90, which represents the recent swing low region. The level 4279.90 is the higher end of this cluster, while 4249.40 is the ultimate line of defense shown on the chart. A secondary...
The GBP/USD pair faced significant downward pressure at the start of the week, falling to near the lower end of its monthly range, testing the 1.3480 level during the early European session. The main driver of this decline during the day was the...
In early Asian trading, spot gold prices (XAU/USD) fell sharply to around $4,295 per ounce. This decline is due to two main factors: rising global bond yields and continuing high energy costs, which have exacerbated market expectations of a hike in...
H4 Chart Structure and Key Trend The Gold H4 chart from mid-August to mid-September 2026 shows a market that rallied to a peak, then reversed into a sustained downtrend, and is now testing a major support level. Price climbed to a high near 4693.93...
