How to Differentiate Between a High-Probability Breakout and a Market Fakeout Breakouts are among the most important concepts in technical analysis and price-action trading. When price moves above resistance or below support, traders often assume...
USDJPY H1 Timeframe Analysis Price Action and Structure USDJPY is trading near 157.77 after a highly volatile week. The pair plunged from highs above 160.20 on 31 Jul to a swing low near 155.40, a ~480-pip bearish impulse that established the...
USDJPY D1 Chart Analysis: The USD/JPY price is currently trading at 157.839; further strength might immediately test the 61.3% Fibonacci retracement at 159.264. We could see the recent resistance bounce over 158.539, which would indicate buyers to...
Crude Oil 15-Minutes Analysis: With the sharpest comeback ending at 77.09 and the lowest backtest ending at 78.99, crude oil definitely finished at the cross candle yesterday. In the end, the trading session concluded with a minor oscillation before...
Primary Trend and Key Levels On the weekly (W1) timeframe, GBPUSD is trapped in a broad consolidation range since late 2023, with a slight bearish bias as price fails to sustain above 1.3500. The RSI at 53.59 suggests neutral momentum, while the...
