_Gold Spot / U.S. Dollar · 4h · OANDA | $3,990.83 +0.37%_ _1. Price Structure_ Left to right: Mid-May peak ∼$4,750 > Late May drop ∼$4,450 = LH. Late May ∼$4,450 > Early Jun bounce ∼$4,550 > Early Jun crash ∼$4,050 = LH. Early Jun ∼$4,050 > Mid-Jun...
The EUR/AUD weekly chart continues to present a strong bearish trend that has been in place since the end of last year. Looking at the long-term structure, it is clear that the pair broke out of a previous accumulation zone that had formed a...
Understanding Trend Structure: Higher Highs and Higher Lows Have you ever looked at a stock, crypto, or forex chart and wondered how traders actually predict where the price is going? It might look like a random squiggly line at first, but...
THE MACRO SHIELD SHATTERS: GBP/USD BREAKS FREE AS FED HIKING EXPECTATIONS REVERT The GBP/USD currency pair has staged a massive structural recovery, breaking through key levels in a surge that points to a potential macro bullish reversal. Despite a...
GBP/JPY Trades at 278.78 on H4: Sterling-Yen Faces Technical and Fundamental Crossroads Introduction The GBP/JPY pair is currently trading at 278.782 on the H4 timeframe, consolidating near multi-year highs. This level reflects sterling’s resilience...
