USDJPY Weekly Technical Outlook Last week, USDJPY market operation on the weekly time frame made a bearish dip into the 155.40/158.20 demand zone (blue). The bearish print was restrained to the upper part of the demand zone. image USDJPY price ...

Weekly Top-Down Technical Analyses

XAUUSD price action on the daily time frame is retesting the 2417.41 horizontal resistance. However, bears are resisting further northward move, leading to the printing of a doji-like candlestick on Friday. Nevertheless, we may still see further ...

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

XAUUSD Weekly Technical Outlook XAUUSD market operation on the weekly time frame continued its bullish disposition last week. The bullish print retested the 2417.41 horizontal resistance before being checkmated by bears. image XAUUSD price action ...

Weekly Top-Down Technical Analyses

GBPUSD price action on the daily time frame is bullish. Although, presently, price action is at the 1.28050 area, which is in congruence with the 61.8 fib retracement area of the dominant bearish swing that began in May 2021, the technical impulse ...

Cable Update (GBPUSD)

GBPUSD Weekly Technical Outlook GBPUSD market operation on the monthly time frame was sideway in June after a doji-like print. Market operation is still within the 1.26000/1.28870 horizontal resistance zone (blue). The zone included the 61.8 fib ...

Weekly Top-Down Technical Analyses

EURUSD price action on the daily time frame is bullish. Presently, it is at the 1.08350 intra-day horizontal resistance. Although the dominant technical structure is bearish, the technical impulse favours further northward move. I may be wrong. ...

EURUSD

EURUSD Weekly Technical Outlook EURUSD market operation on the monthly time frame is sideways. In June, market operation printed a relatively small bearish candlestick with shadows on both ends, which is in opposition to the bullish candlestick ...

Weekly Top-Down Technical Analyses

USDJPY price action on the daily time frame met a bearish challenge after breaking above the 160.720 former horizontal resistance on Monday. Presently, bears are retesting the 160.720 area, which may be flipped as support should bulls pushed back ...

USD/JPY Discussion

USDJPY Weekly Technical Outlook USDJPY market operation on the monthly time frame is bullish. In June, market operation broke above the doji-like candlestick printed in May image USDJPY market operation on the weekly time frame went sideways last ...

Weekly Top-Down Technical Analyses

XAUUSD price action on the daily time frame is retesting the 2355.75/2417.81 horizontal resistance zone (purple). Apparently, there is still appetite for further bullish drive I may be wrong. Trade safe and prosper. KP image

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

XAUUSD Weekly Technical Outlook XAUUSD market operation on the monthly time frame went sideways in June. There was a bullish drive into the 2355.75/2417.81 horizontal resistance zone (purple) in June before bears pushed back the bullish charge to ...

Weekly Top-Down Technical Analyses

GBPUSD price action on the daily time frame has broken down a rising channel (magenta) within which it has been operating since May 2024. On Monday it made a bullish retest of the lower boundary of the channel before a bearish pushback. Presently, ...

Cable Update (GBPUSD)

GBPUSD Weekly Technical Outlook GBPUSD market operation on the weekly time frame is sideways. It is at the 1.26670 area, which is about 125 pips below the 61.8 Fib retracement of the bearish swing that began in May 2021. Market operation has been ...

Weekly Top-Down Technical Analyses

EURUD price action on the daily time frame is sideways. However, the technical impulse favours bears more than bulls. Price action is at the 1.07120 area which is about 127 pips above the 38.2 fib retracement of the bearish swing that began in May ...

EURUSD

EURUSD Weekly Technical Outlook EURUSD market operation on the weekly time frame is sideways at the 1.07120 area. The area is above the 38.2 fib retracement of the bearish swing that began in May 2021. image EURUD price action on the daily time ...

Weekly Top-Down Technical Analyses

USDJPY price action on the H4 time frame turned sideways on Friday at the 160.830 intra-day horizontal resistance area. Presently, the bullish momentum is waning. I may be wrong. Trade safe and prosper. KP image

USD/JPY Discussion

USDJPY Weekly Technical Outlook USDJPY market operation maintained a bullish tone last week. The bullish candlestick printed last week closed at the 160.830 area. image USDJPY price action on the daily time frame turned sideways on Friday after a ...

Weekly Top-Down Technical Analyses

XAUUSD price action on the H4 time frame made a bullish retest of the 2326.28 horizontal resistance but met with bearish resistance. The technical impulse is bearish. I may be wrong. Trade safe and prosper. KP image

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

XAUUSD Weekly Technical Outlook XAUUSD market operation on the weekly time frame remains sideways at the 2326.28 area. There was a bearish rejection of the 2355.75 horizontal resistance five weeks ago but there has not been any significant bearish ...

Weekly Top-Down Technical Analyses

Last Friday, GBPUSD price action on the daily time frame broke down the 1.28000/1.26670 horizontal channel (magenta) where is it has been consolidating for several days. However, there is no bearish momentum and the bearish candlestick printed on ...

Cable Update (GBPUSD)