The H1 chart of GOLD reveals a strong bullish trend that gained momentum after a significant reversal from the support zone around 2995.55. Following a period of consolidation and retracement through late March and early April, the price broke out...
GBP/USD technical view Today, I took a closer look at the weekly chart of GBP/USD, and the current setup reveals some interesting developments. The price reversed sharply after briefly breaking above the previous week's high. It formed a full...
The H1 chart of AUD/NZD displays a clear bearish market structure over the past month, characterized by a strong and consistent downtrend. The pair began to decline from the 1.1050–1.1070 zone in late March and has continued to lose ground steadily,...
The H1 chart of EUR/GBP illustrates a dynamic market with a noticeable shift in momentum and structure during the past month. From mid-March to early April, the pair experienced a prolonged bearish trend, characterized by consistent lower highs and...
The recent release of U.S. Core Retail Sales data failed to deliver a meaningful boost for the U.S. dollar (USD). Despite some expectations for a stronger showing, the figures did not impress the markets, leading to muted enthusiasm for the USD. On...
