GBPUSD Weekly Technical Outlook The GBPUSD market operation on the weekly time frame is bearish. But presently, it is tackling the 1.29600 horizontal support area. This is about 150 pips above the 61.8 Fib retracement of the bearish swing traceable ...

Weekly Top-Down Technical Analyses

EURUSD price action on the daily time frame turned sideways at the 1.07920 horizontal support after a bearish drive to the area. The technical impulse favours bears more than bulls but we may still see a northward correction before further southward ...

EURUSD

EURUSD Weekly Technical Outlook The EURUSD market operation on the weekly time frame is bearish. Last week, the market operation printed a bearish continuation candlestick. The candlestick closed at the 1.07920 horizontal support area. Technically, ...

Weekly Top-Down Technical Analyses

USDJPY price action on the daily time frame turned sideways on Friday within the 152.520/150.810 former horizontal support zone (magenta) after a bullish retest on Wednesday. The technical pattern favours further northward move, at least on a ...

USD/JPY Discussion

USDJPY Weekly Technical Outlook USDJPY market operation on the weekly time frame is bullish. Last week, market operation made a bullish retest of the 152.520/150.810 former horizontal support zone (magenta) which was broken down several weeks ago. ...

Weekly Top-Down Technical Analyses

XAUUSD price action on the daily time frame are consolidating just above the 2647.60/2685.43 horizontal resistance zone after its bullish breakup on Friday October 18. This represents a slowdown in bullish momentum, but we cannot rule out further ...

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

XAUUSD Weekly Technical Outlook XAUUSD market operation on the weekly time frame is still bullish but the bullish momentum is declining. Bears are resisting bulls’ drive to print further multi-year highs. The bullish candlestick printed last week is ...

Weekly Top-Down Technical Analyses

GBPUSD price action on the daily time frame is retesting the 1.30810 area after its bearish breakdown on Wednesday. As the technical impulse favours bears more than bulls, we may still see further southward move, perhaps, to retest an intra-day area ...

Cable Update (GBPUSD)

GBPUSD Weekly Technical Outlook The GBPUSD market operation on the weekly time frame is still sideways at the 1.30810 horizontal support area (purple). Technically, this indicates that the bearish drive to the area three weeks ago is declining in ...

Weekly Top-Down Technical Analyses

EURUSD price action on the daily time frame printed a bullish candlestick on Friday to challenge a bearish breakdown of the 1.07920 horizonal support. A bearish drive to the area began on Monday. As the technical impulse favours bears, we may still ...

EURUSD

EURUSD Weekly Technical Outlook The EURUSD market operation on the weekly time frame printed a bearish candlestick last week that surged to the 1.07920 horizonal support area before retracing. This indicates that bulls are challenging a breakdown of ...

Weekly Top-Down Technical Analyses

XAUUSD Weekly Technical Outlook The XAUUSD market operation on the weekly time frame is in a bullish mode. Last week, market operation printed a relatively big bullish candlestick that broke above the 2647.60/2685.43 horizontal resistance zone ...

Weekly Top-Down Technical Analyses

GBPUSD price action on the daily time frame has turned sideways at the 1.30350 intra-day horizontal support. Although the technical impulse favours further southward move, we may still see a northward move before a southward turnaround. I may be ...

Cable Update (GBPUSD)

GBPUSD Weekly Technical Outlook GBPUSD market operation on the weekly time frame turned sideways last week at the 1.30810 horizontal support area. There was a bearish retest of the area two weeks ago. image GBPUSD price action on the daily time ...

Weekly Top-Down Technical Analyses

EURUSD price action on the daily time frame went sideways at the 1.09350 horizontal support area after completing the down leg of an ‘M’ pattern. Technically, we may see a bullish pullback before a bearish turnaround. Any further bearish drive may ...

EURUSD

EURUSD Weekly Technical Outlook The EURUSD market operation on the weekly time frame went sideways last week after a bearish move two weeks ago. Market operation is at the 1.09350 horizontal support area, which aligns with the 50-fib retracement of ...

Weekly Top-Down Technical Analyses

USDJPY Weekly Technical Outlook Last week, the USDJPY market operation on the weekly time frame turned sideways at the 149.090 horizontal resistance area. There was a bullish drive to the area two weeks ago. This sideway of market operation ...

Weekly Top-Down Technical Analyses

XAUUSD Weekly Technical Outlook After going sideways at the 2647.60 horizontal resistance area two weeks ago, XAUUSD market operation on the weekly time frame printed a bullish pinbar in the area last week. Technically, we may see further northward ...

Weekly Top-Down Technical Analyses

GBPUSD price action on the daily time frame is bearish. Presently, price action is tackling the1.30810 horizontal support. The technical impulse favours bears. I may be wrong. Trade safe and prosper. KP image

Cable Update (GBPUSD)

GBPUSD Weekly Technical Outlook In September 2024, the GBPUSD market operation on the monthly time frame made a bullish retest of the 78.6 Fib retracement of the bearish swing traceable to May 2021. The wick on top of the bullish candlestick printed ...

Weekly Top-Down Technical Analyses