The XAUUSD price action on the H4 time frame is consolidating at the 2984.68 horizontal resistance area. The preceding technical structure is bullish. Thus, we may still see further northward move, at least in the early part of this week. I may be ...

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

XAUUSD Weekly Technical Outlook The XAUUSD market operation on the weekly time frame regained a bullish mode last week after a bullish breakout from an area of consolidation that had been in place for four weeks. image The XAUUSD price action on ...

Weekly Top-Down Technical Analyses

The GBPUSD price action on the daily time frame went sideways at the 1.29160 horizontal resistance area after a bullish retest. The technical impulse favours further northward move. I may be wrong. Trade safe and prosper. KP image

Cable Update (GBPUSD)

GBPUSD Weekly Technical Outlook The GBPUSD market operation on the weekly time frame turned bullish last week. The market operation printed a relatively big bullish candlestick that broke above the 1.27100 horizontal resistance. After displacing ...

Weekly Top-Down Technical Analyses

The EURUSD price action on the daily time frame is bullish. Presently, the price action is retesting the 1.08876 weekly supply area, which is aligned with the 50-fib retracement area of the bearish swing traceable to May 2021. Although the prominent ...

EURUSD

EURUSD Weekly Technical Outlook The EURUSD market operation on the weekly time frame turned bullish last week. The market operation printed a very big bullish candlestick that broke above the 1.05142 horizontal resistance area. After displacing more ...

Weekly Top-Down Technical Analyses

The USDJPY price action on the daily time frame retested the 147.996 horizontal support on Thursday. But a bearish attempt to break down the area on Friday met with a strong bullish challenge. This led to the printing of a bullish pinbar in the ...

USD/JPY Discussion

USDJPY Weekly Technical Outlook The USDJPY market operation on the weekly time frame resumed a bearish mode last week after it printed a relatively moderate bearish candlestick that broke down the 149.220 horizontal support area (green). image The ...

Weekly Top-Down Technical Analyses

The XAUUSD price action on the daily time frame is sideways at the 2909.02 horizontal resistance area. As the preceding technical impulse is bullish, we may still see a further northward momentum in the early part of this week. I may be wrong. Trade ...

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

XAUUSD Weekly Technical Outlook The XAUUSD market operation on the weekly time frame printed a relatively moderate bullish candlestick last week. However, the market operation is in a sideway mode as bulls are retesting a horizontal resistance area ...

Weekly Top-Down Technical Analyses

The GBPUSD price action on the daily time frame is consolidating within a rising wedge (blue). Presently it is in a bearish mode as the price action retested the lower wedge trendline on Friday. It is also at the intersection of the trendline and an ...

Cable Update (GBPUSD)

GBPUSD Weekly Technical Outlook The GBPUSD market operation on the monthly time frame made a bullish retest of the 1.24700/1.27100 horizontal resistance zone (red) in February. There was a bearish breakdown of the area in January. image The GBPUSD ...

Weekly Top-Down Technical Analyses

The EURUSD price action on the daily time frame is bearish. However, there is a decline in bearish momentum as price action printed a relatively small bearish candlestick below the 1.04000/1.05140 horizontal resistance zone (blue) on Friday. ...

EURUSD

EURUSD Weekly Technical Outlook The EURUSD market operation on the monthly time frame turned bullish in February. The bullish candlestick printed in February retested the 1.04000/1.05140 horizontal resistance zone (blue) before closing at the lower ...

Weekly Top-Down Technical Analyses

On Friday, the USDJPY price action on the daily time frame made a bullish pullback to the bearish drive to the 149.220 horizontal support area (green) after a period of consolidation in the early part of last week. The technical impulse favours ...

USD/JPY Discussion

USDJPY Weekly Technical Outlook The USDJPY market operation on the monthly time frame printed a bearish candlestick in February. The candlestick retested the 149.220 horizontal support area (green) before retracing. Technically, the market operation ...

Weekly Top-Down Technical Analyses

The XAUUSD price action on the daily time frame retested the 2857.45 horizontal support area on Friday. The recent technical prints have formed a rising wedge (blue) within a larger rising channel (magenta). The wedge was broken down by the bearish ...

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

XAUUSD Weekly Technical Outlook The XAUUSD market operation on the monthly time frame is consolidating within a rising channel (magenta). In February, the bullish candlestick printed in February broke above the upper trendline before retracing. ...

Weekly Top-Down Technical Analyses

GBPUSD price action on the daily time frame is sideways at the 1.26320 horizontal resistance area. There was a bullish retest of the area on Thursday, but on Friday bears resisted a breakout from the area. However, the bearish candlestick printed in ...

Cable Update (GBPUSD)

GBPUSD Weekly Technical Outlook The GBPUSD market operation on the weekly time frame retested the 1.26320 horizontal resistance area last week but met a bearish challenge. This led to the printing of a relatively small bullish candlestick in the ...

Weekly Top-Down Technical Analyses