Primary Trend Key Levels On the H4 XAUUSD chart, price is entrenched in a consolidative uptrend following the steep rally from late June. The sequence of higher lows (30 Jun 21:00 low 4025.13 → 7 Jul 01:00 low 4021.08 → 13 Jul 01:00 low 4046.17)...
Understanding Market Structure in Technical Analysis. Market structure is one of the most important concepts in technical analysis because it helps traders understand the overall direction of price movement. Instead of relying solely on indicators,...
Technical Analysis Trading Sentiment and Current Market Overview The EUR/USD pair concluded the trading week firmly positioned at the 1.1532 level, demonstrating pronounced upward volatility throughout recent sessions. Following a corrective phase...
The yen really showed some serious strength here, and this drop in EURJPY is the clearest sign of it. We went from around 187.40 down toward 183.50 in a very aggressive move, and price didnt just make a small correction. It completely changed the...
USDJPY H1 TIMEFRAME ANALYSIS Based on the provided USDJPY H1 (one-hour) chart, here is a technical analysis of the market structure and momentum. Overview and Price Action The chart covers the period from July 24 to July 31, showing a dramatic...
