XAUUSD Weekly Technical Outlook The XAUUSD market operation on the weekly time frame is bearish. Last week, market operation printed a relatively big bearish candlestick that broke below the 2647.60 horizontal support. The bearish candlestick ...

Weekly Top-Down Technical Analyses

Read the analysis. KP

Cable Update (GBPUSD)

My bad, I'm expecting a bearish retest of the 1.2600 handle. Trade safe. KP

Cable Update (GBPUSD)

On Wednesday, GBPUSD price action on the daily time frame saw a brief breakdown of the rising channel (blue) within which it has been confined for several weeks. However, there was a northward pullback on Thursday, and the bearish price action on ...

Cable Update (GBPUSD)

GBPUSD Weekly Technical Putlook The GBPUSD market operation on the weekly time frame went sideways last week at the 1.29160 horizontal support. However, market operation threatened a breakdown of the rising channel (blue) within which it has been ...

Weekly Top-Down Technical Analyses

EURUSD price action on the daily time frame went sideways on Friday after a bearish drive that broke down the 1.07730 horizontal support on Wednesday and a rising trendline that had been in place for several weeks. The technical impulse may see ...

EURUSD

EURUSD Weekly Technical Outlook The EURUSD market operation on the weekly time frame is bearish. The bearish candlestick printed last week broke down the 1.07730 horizontal support that has been in place for two weeks as well as the rising trendline ...

Weekly Top-Down Technical Analyses

USDJPY price action on the daily time frame is consolidating within a rising channel (blue). Presently, bearish price action is retesting the 152.520 value area which was flipped as horizontal support by bullish price action on Wednesday. Further ...

USD/JPY Discussion

USDJPY Weekly Technical Outlook The USDJPY market operation went sideways at the 152.520 horizontal resistance area. There was a bullish breakout in the area three weeks ago, but bears pushed back to restore the status quo. Last week, a bearish ...

Weekly Top-Down Technical Analyses

XAUUSD price action on the daily time frame went sideways on Friday at the upper part of the 2685.43/2647.60 horizontal support area (red) following a bullish pushback on Thursday of a bearish retest of the zone on Wednesday. The technical impulse ...

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

XAUUSD Weekly Technical Outlook The XAUUSD market operation on the weekly time frame has printed an evening star pattern just above the recently broken 2647.60/2685.43 horizontal resistance zone (red), which was flipped as support. Last week, ...

Weekly Top-Down Technical Analyses

GBPUSD price action on the daily time frame went sideways at the lower channel trendline of the rising channel (blue) within which it was consolidating. An ‘M’ shaped pattern was formed by recent technical prints, and we may see a bullish retest of ...

Cable Update (GBPUSD)

EURUSD price action on the daily time frame went sideways after a bullish retracement of a bearish retest of a rising trendline (blue). But we cannot rule out further northward movement, at least in the early part of this week or on a relatively ...

EURUSD

USDJPY price action on the daily time frame went sideways as it effected a bullish charge towards the upper trendline of the rising channel (purple) within which it is consolidating. The technical impulse favours bulls more than bears. I may be ...

USD/JPY Discussion

XAUUSD price action on the daily time frame is experiencing a decline in bullish momentum. Last week Thursday, price action printed a relatively big bearish candlestick, which indicated a strong bearish challenge to the bullish drive that printed ...

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

GBPUSD Weekly Technical Outlook The GBPUSD market operation on the weekly time frame went sideways last week after breaking down a rising channel (blue) within which it was consolidating. Presently, market operation is located at the 1.29150 ...

Weekly Top-Down Technical Analyses

EURUSD Weekly Technical Outlook The EURUSD market operation on the weekly time frame is respecting a rising trendline (blue) traceable to October 2024. Presently, market operation is sideways just at the trendline after producing a ‘W’ pattern and ...

Weekly Top-Down Technical Analyses

USDJPY Weekly Technical Outlook The USDJPY market operation on the weekly time frame is consolidating within a rising channel (purple). It is, presently, on the bullish phase of the consolidation. After a bearish retest of the lower channel ...

Weekly Top-Down Technical Analyses

XAUUSD Weekly Technical Outlook The XAUUSD market operation on the weekly time frame has been bullish for quite a while. Three weeks ago, it made a bullish breakout of the 2647.60/26.85.43 horizontal resistance zone (red) flipping it as support. ...

Weekly Top-Down Technical Analyses

GBPUSD price action on the daily time frame went sideways after a bearish breakdown of the 1.30810 horizontal support area several days ago. Presently, price action is tackling the 1.29600 intra-day horizontal support. The dominant technical ...

Cable Update (GBPUSD)