USDCAD H1 Technical Analysis Strong Bullish Breakout The USDCAD H1 chart shows a clear bullish expansion from the 1.3930–1.3940 area toward the 1.3990 region. Price made a strong impulsive move upward, breaking above several previous intraday highs...
Technical Outlook on USD/JPY (H4 Chart): Bearish Pressure Holds Despite Recent Pullback The USD/JPY 4-hour chart continues to present a strong bearish market structure, even though price action has experienced a short-term upward recovery recently....
Chart D1 - EURUSD. The wave structure is building upward, and the MACD indicator is in the lower sell zone. Based on the position on this longer period, I conclude that it is more promising to trade upward in the near future. The most compelling...
Why Does Price Pull Back? Price rarely moves in a straight line. During a trend, the market often moves forward, pauses, and then retraces before continuing in its original direction. This temporary retracement is called a pullback. A pullback can...
Gold H4: Buyers Defend a Key Support Zone as a Bounce Setup Develops Gold on the H4 chart is showing an interesting reaction around the 4300–4310 area after a noticeable decline from the late-August highs. Price is currently trading near 4308, and...
