The EURUSD price action on the daily time frame went sideways on Friday as it retested the 1.12957 horizontal support area. Nevertheless, we cannot rule out a bullish pullback before further southward drive. I may be wrong. Trade safe and prosper. ...

EURUSD

EURUSD Weekly Technical Outlook Last month, the EURUSD market operation on the monthly time frame maintained a bullish mode. In April, the market operation printed a relatively big bullish candlestick. The candlestick left an upper shadow in the ...

Weekly Top-Down Technical Analyses

The USDJPY price action on the daily time frame turned sideways on Friday after a bullish retest of the 145.150/146.00 horizontal resistance zone (blue). The preceding technical impulse and recent candlestick patterns favour a northward liquidity ...

USD/JPY Discussion

USDJPY Weekly Technical Outlook In April, the USDJPY market operation on the monthly time frame printed a bearish continuation candlestick that broke down the rising channel (purple) within which it has been consolidating for several months. image ...

Weekly Top-Down Technical Analyses

The XAUUSD price action on the daily time frame turned sideways on Friday at the 3240.08 horizonal support after a bearish drive below it. Although the bigger picture favours bears, we may still see a bullish pullback before further southward drive. ...

XAU/USD & XAG/USD - Gold & Silver Traders Thread

XAUUSD Weekly Technical Outlook In April, the XAUUSD market operation on the monthly time frame printed a bullish continuation candlestick. However, after producing a multi-year high of 3499.94 the candlestick retraced, leaving a prominent upper ...

Weekly Top-Down Technical Analyses

The GBPUSD price action on the daily time frame turned sideways after a bearish pullback from the 1.34300 horizontal resistance. Presently, the price action is consolidating at the 1.33074 intra-day horizontal resistance. Technically, there is a ...

Cable Update (GBPUSD)

GBPUSD Weekly Technical Outlook Last week, the GBPUSD market operation on the weekly time frame made a bullish drive to retest the 78.6 fib-retracement of the bearish swing traceable to May 2021. The area aligns with the 1.34300 horizontal ...

Weekly Top-Down Technical Analyses

The EURUSD price action on the daily time frame turned sideways after a bearish drive to the 1.13600 horizontal support. We may still see further southward drive of price action. I may be wrong. Trade safe and prosper. KP image

EURUSD

EURUSD Weekly Technical Outlook Last week, the EURUSD market operation on the weekly time frame printed a bearish candlestick after retesting the 1.15750 horizontal resistance area. The area was last visited in November 2021. Technically, apart from ...

Weekly Top-Down Technical Analyses

The USDJPY price action on the daily time frame is retesting the broken down 143.640 broken down horizontal support. There was sideways of price action below the area on Wednesday and Thursday. But, on Friday, the price action made a bullish push to ...

USD/JPY Discussion

USDJPY Weekly Technical Outlook Last week, the USDJPY market operation on the weekly time frame printed a bullish candlestick to retest the 143.640 broken down horizontal support. But technically the market operation is consolidating. image The ...

Weekly Top-Down Technical Analyses

The XAUUSD price action on the daily time frame turned sideways after a bearish pushback to the bullish charge at the 3500.00 multi-year high. We may see a southward drive before a significant bullish pushback. I may be wrong. Trade safe and ...

XAU/USD & XAG/USD - Gold & Silver Traders Thread

XAUUSD Weekly Technical Outlook The XAUUSD market operation on the weekly time frame is experiencing a bearish challenge to the rapid bullish drive that produced a multi-year high recently. Last week, the market operation printed a relatively big ...

Weekly Top-Down Technical Analyses

The GBPUSD price action on the daily time frame is bullish. Although there is a decline in bullish momentum, we may still see further northward move of price action which could target the 1.34300 horizontal resistance area; an area that aligns with ...

Cable Update (GBPUSD)

GBPUSD Weekly Technical Outlook The GBPUSD market operation on the weekly time frame is bullish. Last week, the market operation printed a bullish continuation candlestick that breached the high of the bearish pinbar printed three weeks ago. ...

Weekly Top-Down Technical Analyses

The EURUSD price action on the daily time frame went sideways at the 1.13908 intra-day horizontal resistance after a bullish drive above it. Nevertheless, we may still see further northward move before a southward rotation. I may be wrong. Trade ...

EURUSD

EURUSD Weekly Technical Outlook The EURUSD market operation on the weekly time frame printed a bullish candlestick last week. However, the candlestick is relatively smaller than the bullish candlestick printed two weeks ago and failed to retest its ...

Weekly Top-Down Technical Analyses

The USDJPY price action on the daily time frame is sideways at the 142.100 horizontal support area. Nevertheless, the technical pattern favours southward market engineering. I may be wrong. Trade safe and prosper. KP image

USD/JPY Discussion

USDJPY Weekly Technical Outlook The USDJPY market operation on the weekly time frame is bearish. Last week, the market operation printed a bearish continuation candlestick that broke down the rising channel within which the market operation has been ...

Weekly Top-Down Technical Analyses