Gold D1 Chart Analysis: Over the last few sessions, the price of precious metals has increased further, breaking a new resistance level at 4332.19 above the 100-day moving average. A short-term reversible pullback may reach the neutral bottom of the...
Technical Analysis of Crude Oil (#CL): The Ascending Channel and Decisive Trading Scenarios Crude Oil (#CL) contracts are trading on the 4-hour (H4) timeframe within a strong, sustained uptrend that has been in place since late August. The chart...
Based on the provided USD/JPY H4 chart, the pair is in a recovery phase following a sharp decline earlier in the month. The price action shows a strong drop from a peak near 156.00 (September 7th) to a low of 153.20 (September 9th), followed by a...
USD/JPY H4 Technical Analysis: Bearish Trend Dominance and Key Horizontal Reaction The USD/JPY currency pair on the four-hour chart continues to show a strong bearish market structure. A broader look at the chart highlights a sharp drop from the...
Understanding the Structure of a Bullish Daily Candle A bullish daily candle represents a trading day in which buyers gained control and the closing price finished above the opening price. It provides a compact visual summary of what happened...
