GBPUSD price action on the daily time frame is consolidating in a rising channel (red). Presently, price action is tackling the lower wedge-trendline. Technically, we may still see further southward drive in the early part of this week. I may be ...

Cable Update (GBPUSD)

GBPUSD Weekly Technical Outlook The GBPUSD market operation on the weekly time frame is sideways within the 1.27380/1.25710 horizontal support zone. This is just below the 61.8 fib retracement of the bearish swing traceable to May 2021. Generally, ...

Weekly Top-Down Technical Analyses

EURUSD price action on the daily time frame retested the 38.2 fib retracement of the bearish swing traceable to May 2021 some days ago and met a bearish rejection. However, there was no significant bearish follow-through and price action went ...

EURUSD

EURUSD Weekly Technical Outlook The EURUSD market operation on the weekly time frame is sideways within the 1.05675/1.04730 horizontal support zone. This is just below the 38.2 fib retracement of the bearish swing traceable to May 2021. The ...

Weekly Top-Down Technical Analyses

USDJPY price action on the daily time frame is in bullish mode. Further northward move may see a retest of the 155.400 horizontal resistance (blue). 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 consolidating in a horizontal channel. Presently, it is in a bullish mode, and we may still see further northward move image USDJPY price action on the daily ...

Weekly Top-Down Technical Analyses

TXAUUSD price action on the daily time frame is in a bearish mode. But, presently, it is tackling the 2647.60 horizontal support. Recent technical prints favour a southward market engineering. I may be wrong. Trade safe and prosper. KP image

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

XAUUSD Weekly Technical Outlook The XAUUSD market operation on the weekly time frame is consolidating in a rising channel (red). Last week, there was a bullish drive to break above the 2685.43 horizontal but failed. This led to the printing of an ...

Weekly Top-Down Technical Analyses

Last Thursday, GBPUSD price action on the daily time frame printed a relatively big bullish candlestick to retest the 61.8 fib retracement area of the bearish swing traceable to May 2021, an area that aligns with the 1.27380 horizontal resistance. ...

Cable Update (GBPUSD)

GBPUSD Weekly Technical Outlook The GBPUSD market operation on the weekly time frame went sideways last week after the printing of a doji-like candlestick at the 61.8 fib retracement area of the bearish swing traceable to May 2021. The market ...

Weekly Top-Down Technical Analyses

Last Thursday, EURUSD price action on the daily time frame printed a relatively big bullish candlestick to retest the 38.2 fib retracement area of the bearish swing traceable to May 2021, an area that aligns with the 1.05666 horizontal resistance. ...

EURUSD

EURUSD Weekly Technical Outlook The EURUSD market operation on the weekly time frame went sideways last week after the printing of a doji-like candlestick at the 38.2 fib retracement area of the bearish swing traceable to May 2021. The market ...

Weekly Top-Down Technical Analyses

USDJPY price action on the daily time frame went sideways a few days ago after a bearish breakdown of the rising channel (red) within which it was operating. A bearish drive broke down the channel on November 29. Technically, there is a wider rising ...

USD/JPY Discussion

USDJPY Weekly Technical Outlook The USDJPY market operation on the weekly time frame went sideways last week at the 149.220 horizontal support area (green) after a doji-like candlestick was printed there last week. This meant that there was no ...

Weekly Top-Down Technical Analyses

XAUUSD price action on the daily time frame broke down the 2647.60 area on November 25 flipping it as resistance. There has been a feeble bullish attempt to break above the area but with no success. Presently, price action is sideways in the area ...

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 rising channel (red). Last week, the market operation printed an indecision candlestick just below the 2647.60 horizontal resistance area. ...

Weekly Top-Down Technical Analyses

The GBPUSD price action on the daily time frame is presently retesting the 61.8 fib retracement of the bearish swing traceable to May 2021. The area aligns with the 1.27380 area, which was flipped as resistance several days ago after a bearish ...

Cable Update (GBPUSD)

GBPUSD Weekly Technical Outlook In November, the GBPUSD market operation on the monthly time frame printed a long-tailed bearish candlestick around the 1.27380 horizontal support area (green). The area aligns with the 61.8 fib retracement of the ...

Weekly Top-Down Technical Analyses

My trend time frame is weekly. The domnant technical structure on the W1 is bullish. But presently the technical operation is within a rising channel. Trade safe. KP

USD/JPY Discussion

The EURUSD price action on the daily time frame went sideways after a bullish retracement of the bearish dive to the 1.04050 horizontal support area. Presently, price action is retesting the 32.8 fib retracement area of the bearish swing traceable ...

EURUSD