GBPUSD Weekly Technical Outlook The GBPUSD market operation on the weekly time frame is bearish. However, the bearish momentum is declining. Presently, the market operation is tackling the 1.21630 horizontal support, and an indecision candlestick ...

Weekly Top-Down Technical Analyses

EURUSD price action on the daily time frame turned sideways after a bearish rejection of the 1.03240 horizontal resistance. It is located a few pips above the 23.6 fib retracement of the bearish swing traceable to May 2021. Technically, bears are ...

EURUSD

EURUSD Weekly Technical Outlook The EURUSD market operation on the weekly time frame which had been bearish is now sideways as it tackles the 23.6 fib retracement of the bearish swing traceable to May 2021. The area is in congruence with the 1.02300 ...

Weekly Top-Down Technical Analyses

USDJPY price action on the daily time frame turned sideways at the 156.250 intra-day horizontal resistance towards the end of last week. As the preceding technical impulse is bearish, we may still see a southward retest of an intra-day area of value ...

USD/JPY Discussion

USDJPY Weekly Technical Outlook Last week, the USDJPY market operation on the weekly time frame printed a bearish candlestick with a relatively moderate tail. This supports a bullish challenge, but we may still have southward market engineering this ...

Weekly Top-Down Technical Analyses

XAUUSD price action on the daily time frame turned sideways on Friday as it tackles the 2714.90 horizontal resistance. Nevertheless, the technical impulse favours bulls more than bears. Technically, we may still see further northward momentum before ...

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

XAUUSD Weekly Technical Outlook The XAUUSD market operation on the weekly time frame is in a bullish mode. However, the bullish momentum is waning as the market operation tackles the 2702.40 horizontal resistance area. Last week, the market ...

Weekly Top-Down Technical Analyses

GBPUSD price action on the daily time frame is bearish. Several days ago, the price action broke down the rising wedge (red) within which price action had been consolidating. There was a bullish retest of the channel on Monday. But there was a ...

Cable Update (GBPUSD)

GBPUSD Weekly Technical Outlook The GBPUSD market operation on the weekly time frame is bearish. Two weeks ago, the market operation broke down the rising wedge (red) within which market operation had been consolidating for several weeks. Last week, ...

Weekly Top-Down Technical Analyses

EURUSD price action on the daily time frame is in a bearish mode after a breakdown of the 1.04050/1.03240 horizontal support zone (green). Presently, price action is tackling the 23.6 fib-retracement area of the bearish swing traceable to May 2021. ...

EURUSD

EURUSD Weekly Technical Outlook The EURUSD market operation on the weekly time frame is still bearish. Last week, bulls attempted a pushback of the bearish drive that happened two weeks ago. But bears wrestled the control of the market to restore ...

Weekly Top-Down Technical Analyses

It depends on your trading style. I'm a medium-term swing trader. But what happens at Monday cose should give a clue. Trade safe, prosper. KP

USD/JPY Discussion

USDJPY price action on the daily tie frame is presently sideways. It has been tackling the 157.630 horizontal resistance area for several days. Although the preceding technical impulse is bullish but we may see a southward correction before further ...

USD/JPY Discussion

USDJPY Weekly Technical Outlook The USDJPY market operation on the weekly time frame has been sideways at the 157.630 horizontal resistance area since the past four weeks. The market operation made a bullish drive to the area four weeks ago but met ...

Weekly Top-Down Technical Analyses

XAUUSD price action on the daily time frame is in a bullish mode. Presently, price action is at the 2687.85 horizontal resistance, where there was a bearish challenge to bullish break of the area on Friday. Nevertheless, we may still see further ...

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

XAUUSD Weekly Technical Outlook The XAUUSD market operation on the weekly time frame is consolidating within a narrow triangle (magenta). Last week the market operation printed a bullish candlestick that re-tested the upper trendline. Presently, the ...

Weekly Top-Down Technical Analyses

After a period of consolidation in the early part of last week, GBPUSD price action on the daily time printed a bearish candlestick on Thursday to break below the intra-day area of consolidation. However, bulls briefly pushed back on Friday, ending ...

Cable Update (GBPUSD)

GBPUSD Weekly Technical Outlook The GBPUSD market operation on the monthly time frame printed a bearish continuation candlestick in December 2024 to break down the rising wedge within which it has been consolidating for several months. The dominant ...

Weekly Top-Down Technical Analyses

EURUSD price action on the daily time frame went sideways towards the end of last week after a bearish breakdown of the 1.04050/1.03240 horizontal support zone (green). Although the dominant technical structure is bearish, we may still see some ...

EURUSD

EURUSD Weekly Technical Outlook The EURUSD market operation on the monthly time frame maintained a bearish disposition in December 2024 to retest the 1.04050/1.03240 horizontal support zone (green). This zone is just above the 23.6 fib retracement ...

Weekly Top-Down Technical Analyses