EURUSD price action on the daily time frame is presently sideways within the 1.04000/1.05140 horizontal resistance zone (blue). Although the dominant technical structure is bearish, we may still see northward market engineering to an intra-day area ...

EURUSD

EURUSD Weekly Technical Outlook Last week, the EURUSD market operation on the weekly time frame went sideways at the 1.04000/1.05140 horizontal resistance zone (blue). Technically, this is about 150 pips below the 38.2 fib retracement of the bearish ...

Weekly Top-Down Technical Analyses

Although the USDJPY price action on the daily time frame is presently sideways at the 149.220 horizontal support (green), the technical impulse favours bears more than bulls. Thus, apart from a probable northward corrective move to shake out weak ...

USD/JPY Discussion

USDJPY Weekly Market Outlook The USDJPY market operation on the weekly time frame resumed a southward mode last week after a bearish breakdown of the 152.520/150.810 horizontal support zone (magenta). But the relatively big bearish candlestick ...

Weekly Top-Down Technical Analyses

XAUUSD price action on the daily time frame is retesting the upper trendline of the rising channel (magenta) within which it has been consolidating for several weeks. Presently, price action is sideways in the area. The preceding technical impulse ...

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

XAUUSD Weekly Technical Outlook The XAUUSD market operation on the weekly time frame continues to be disposed bullish. Last week, it printed a relatively moderate bullish candlestick which retested the upper trendline of the rising channel (magenta) ...

Weekly Top-Down Technical Analyses

GBPUSD price action on the daily time frame is consolidating within a symmetrical triangle (blue). On Friday, price action retested the upper trendline and printed a bearish pinbar in the area. Technically, we may soon see a southward rotation, ...

Cable Update (GBPUSD)

GBPUSD Weekly Technical Outlook The GBPUSD market operation on the weekly time frame is in consolidation. After a bearish breakdown of the rising channel (red) within which it had operated for several weeks, recent GBPUSD technical prints have ...

Weekly Top-Down Technical Analyses

EURUSD price action on the daily time frame is consolidating in the 1.05140/1.02180 horizontal channel (blue). Presently, the price action is retesting the upper part of the channel. The bullish print in the area on Friday is relatively smaller than ...

EURUSD

EURUSD Weekly Technical Outlook Although the EURUSD market operation on the weekly time frame printed a relatively big bullish candlestick last week, the market is in a consolidation. Generally, in the last seven weeks, the market operation has been ...

Weekly Top-Down Technical Analyses

USDJPY price action on the daily time frame made a bearish retest of the 152.520/150.810 horizontal support zone (magenta) on Friday. But the bearish print in the zone is relatively small and has shadows on both ends. Technically, we may still see a ...

USD/JPY Discussion

USDJPY Weekly Technical Outlook Last week, the USDJPY market operation on the weekly time frame went sideways after a bullish rejection of the 152.520/150.810 horizontal support zone (magenta). The market operation printed a bearish pinbar in the ...

Weekly Top-Down Technical Analyses

XAUUSD price action on the daily time frame has disposed bearish. The bearish candlestick printed on Friday broke below the low of the bullish candlestick printed on Thursday. However, price action is presently tackling an intra-day horizontal ...

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

XAUUSD Weekly Technical Outlook Last week, the XAUUSD market operation on the weekly time frame retested the upper trendline of the rising channel (red) within which it is consolidating. The bullish print has a relatively long shadow, i.e., a ...

Weekly Top-Down Technical Analyses

GBPUSD price action on the daily time frame is presently in a bearish mode. On Wednesday, bulls made a futile attempt to retest a broken rising channel trendline; but bears resisted the challenge. Recent technical prints favour further southward ...

Cable Update (GBPUSD)

GBPUSD Weekly Technical Outlook The GBPUSD market operation on the weekly time frame is sideways. Last week, the market operation printed a relatively moderate bullish candlestick with a prominent top wick as opposed to the bearish candlestick of ...

Weekly Top-Down Technical Analyses

EURUSD price action is consolidating within the 1.03240/1.04050 horizontal resistance zone. There was a bullish retest of the zone on Tuesday and Wednesday, but bears challenged the move on Thursday and Friday. Presently, there is no directional ...

EURUSD

EURUSD Weekly Technical Outlook The EURUSD market operation on the weekly time frame is sideways. Last week, the market operation printed a relatively big bullish candlestick but with a prominent top wick as opposed to the relatively big bearish ...

Weekly Top-Down Technical Analyses

USDJPY price action on the daily time frame is bearish, but presently it is tackling the 152.520/150.810 horizontal support zone (magenta). On Friday, price action printed an indecision candlestick in the zone, but we may still see further southward ...

USD/JPY Discussion

USDJPY Weekly Technical Outlook Since a bearish rejection of the 156.950 horizontal resistance area four weeks ago, the USDJPY market operation on the weekly time frame has maintained a bearish mode. Last week, the market operation printed a ...

Weekly Top-Down Technical Analyses