GBPUSD Weekly Technical Outlook GBPUSD market operation on the weekly time frame remained constrained by the 1.29600 horizontal resistance area. The area is just above the 61.8 50 Fib retracement of the bearish swing that began in May 2021. Two ...

Weekly Top-Down Technical Analyses

EURUSD price action on the H4 time frame is in a bullish corrective mode. However, recent price action has been ambivalent. Nevertheless, we cannot rule out further northward move in the early part of the week before a southward drive. I may be ...

EURUSD

EURUSD Weekly Technical Outlook EURUSD market operation on the weekly time frame remained constrained by the 1.09000 horizontal resistance area. The area aligns with the 50 Fib retracement of the bearish swing that began in May 2021. After a bullish ...

Weekly Top-Down Technical Analyses

USDJPY price action on the H4 time frame is presently ambivalent. Bulls pushed back the bearish retest of the 151.660 horizontal support area before price action turned sideways. The short-term technical impulse favours bears more than bulls. I may ...

USD/JPY Discussion

USDJPY Weekly Technical Outlook After three weeks of bearish drive, USDJPY market operation on the weekly time frame retested the 151.660 horizontal support area. The area was last visited in May. Last week’s bearish candlestick has a relatively ...

Weekly Top-Down Technical Analyses

XAUUSD price action on the H4 time frame is in a bullish corrective mode. Nevertheless, we may still see a northward liquidity grab in the early part of this week before a southward turnaround. The technical impulse favours bears more than bulls. I ...

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

XAUUSD Weekly Technical Outlook XAUUSD market operation on the weekly time frame turned sideways last week after a bearish rejection of the 2417.81 horizontal resistance area. The candlestick printed last week retested the 2355.75 horizontal support ...

Weekly Top-Down Technical Analyses

GBPUSD price action was disposed bearish on Thursday after a bearish break below the open of the bullish candlestick printed on Wednesday. The Friday bearish follow-up found support at the 1.29100 area. Should bears succeed in pushing further ...

Cable Update (GBPUSD)

GBPUSD Weekly Technical Outlook GBPUSD market operation printed a small bearish candlestick at the 1.30000 area last week. This reflects a bearish challenge to the bullish drive of the previous week. Nevertheless, the bearish candlestick printed ...

Weekly Top-Down Technical Analyses

EURUSD price action on the daily time frame was disposed bearish on Friday after a bearish break below the open of the bullish candlestick printed on Wednesday. Should bears succeed in pushing further southwards, we may see a southward liquidity ...

EURUSD

EURUSD Weekly Technical Outlook EURUSD market operation on the weekly time frame continues to find resistance at the 1.08800/1.09300 area. The area aligns with the 50 Fib retracement of the bearish swing that began in May 2021. Last week, an ...

Weekly Top-Down Technical Analyses

Last Friday, USDJPY price action on the daily time went sideway after a bullish pullback on Thursday of the bearish drive to the 155.400 horizontal support. We may still see further northward move in the early part of this week, particularly if ...

USD/JPY Discussion

USDJPY Weekly Technical Outlook USDJPY bearish market operation on the weekly time frame met a bullish challenge last week. This resulted in the printing of a bullish pinbar last week. Whether this results in a northward turnaround this week will ...

Weekly Top-Down Technical Analyses

XAUUSD price action on the H4 time frame went sideways towards the end of Friday after a bearish drive to the 2400.32 horizontal support. We may still see a bullish pullback to retest an intra-day area of value before a southward turnaround. I may ...

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

XAUUSD Weekly Technical Outlook Last week, XAUUSD market operation on the weekly time frame issued a relatively long bearish pinbar. Technically, this portends a bearish week. But we may still see a brief bullish pullback to retest an intra-day area ...

Weekly Top-Down Technical Analyses

GBPUSD price action on the daily time frame is in a bullish mode. The technical impulse favours further northward move. This may see a retest of the 1.31000 supply area. The dominant technical structure is bearish. I may be wrong. Trade safe and ...

Cable Update (GBPUSD)

GBPUSD Weekly Technical Outlook Last week, GBPUSD market operation on the weekly time frame swept above the 61.8 fib retracement zone of the bearish swing that began in May 2021. The area has held as resistance since the last week of July 2023. ...

Weekly Top-Down Technical Analyses

EURUSD price action on the daily time frame is in a bullish mode. Last Friday, a bullish drive that began on Thursday retested the 1.09050 horizontal resistance area. The area aligns with the 50 Fib retracement of the bearish swing that began in May ...

EURUSD

EURUSD Weekly Technical Outlook The 1.09050 area has held as horizontal resistance on the EURUSD weekly time frame for several weeks. The area aligns with the 50 Fib retracement of the bearish swing that began in May 2021. Last week, the market ...

Weekly Top-Down Technical Analyses

USDJPY price action on the daily time frame is in a bearish mode. On Thursday it made a bearish drive to retest the 155.40/158.20/155.40 horizontal support zone (blue) but met a bullish challenge. However, a follow-up price action on Friday printed ...

USD/JPY Discussion