USDJPY price action on the daily time frame is operating in a rising channel (blue) and retesting the 156.730 horizontal resistance area. A successful bullish breakout of price action from the area would see further northward drive. I may be wrong. ...

USD/JPY Discussion

USDJPY Weekly Technical Outlook USDJPY market operation has remained sideways at the 156.730 horizontal resistance area for the past four weeks. Technically, the market operation is within a rising channel (blue). image USDJPY price action on the ...

Weekly Top-Down Technical Analyses

XAUUSD price action on the daily time frame resumed a bearish disposition on Friday after breaking down an area of consolidation created some days ago. Presently, it is retesting the 2292.45 horizontal support area. Should bears break down the ...

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

XAUUSD Weekly Technical Outlook XAUUSD market operation on the weekly time frame maintained a bearish disposition last week. Presently, it is retesting the 2292.45 horizontal support area. image XAUUSD price action on the daily time frame resumed ...

Weekly Top-Down Technical Analyses

GBPUSD price action on the daily time frame is tackling the 61.8 Fib retracement area of the bearish swing that began in May 2021. There was a bullish charge at te area on Monday, but bears pushed for the next two days. A bullish retest of the rea ...

Cable Update (GBPUSD)

GBPUSD Weekly Technical Outlook GBPUSD market operation on the monthly time frame was bullish in May after breaking out of the area of consolidation created in the previous three months. The bullish candlestick of May retested the 61.8 Fib ...

Weekly Top-Down Technical Analyses

Last Friday, EURUSD price action on the daily time frame retest the 1.08840 horizontal resistance area (blue), which is a few pips below the 50 Fib retracement area of the bearish swing that began in May 2021. The 1.08840 area has remained as a ...

EURUSD

EURUSD Weekly Technical Outlook EURUSD market operation assumed a bullish disposition in May to retest the 50 Fib retracement area of the bearish swing that began in May 2021. The dominant technical structure is bearish. image EURUSD market ...

Weekly Top-Down Technical Analyses

USDJPY price action on the daily time frame went sideways as it tackles the 157.290 horizontal resistance area. Presently, price action is within a rising channel (magenta). I may be wrong. Trade safe and prosper. KP image

USD/JPY Discussion

USDJPY Weekly Tchnical Outlook The USDJPY market operation on the monthly time frame retest the 157.290 horizontal resistance area in May but went sideways. image USDJPY market operation on the weekly time frame is experiencing a decline in ...

Weekly Top-Down Technical Analyses

XAUUSD price action on the daily time frame is presently sideways. However, recent technical patterns favour a southward liquidity sweep to a value area. 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 continued a bullish disposition in May. However, bears put up a strong challenge to stymie the bullish drive as market operation printed another all-time high in May. ...

Weekly Top-Down Technical Analyses

Although GBPUSD price action on the H4 time frame is presently sideways. The short-term impulse favours further northward move. Nevertheless, the dominant technical structure is bearish. I may be wrong. Trade safe and prosper. KP image

Cable Update (GBPUSD)

GBPUSD Weekly Technical Outlook GBPUSD market operation on the weekly time went sideways last week upon a retest of the 68 Fib area of the bearish swing that began in May 2021. There was a relatively strong bullish charge at the area two weeks ago, ...

Weekly Top-Down Technical Analyses

Although the EURUSD price action on the H4 time frame is presently sideways, the short-term momentum favours further northward move. However, as the dominant technical structure is bearish, any northward momentum will be short lived. I may be wrong. ...

EURUSD

EURUSD Weekly Technical Outlook EURUSD market operation on the weekly time went sideways last week upon a retest of the 50 Fib area of the bearish swing that began in May 2021. There was a relatively strong bullish charge at the area two weeks ago, ...

Weekly Top-Down Technical Analyses

Although USDJPY price action on the H4 time frame is sideways as it tackles the 157.00 area, we may still see further northward move. The area was broken down on May 1, 2024. I may be wrong. Trade safe and prosper. KP image

USD/JPY Discussion

USDJPY Weekly Technical Outlook Last week, USDJPY market operation on the weekly time frame resumed a bullish mode after the sideways of two weeks ago. image The USDJPY price action on the daily time frame is presently sideways. Price action had ...

Weekly Top-Down Technical Analyses

XAUUSD price action on the H4 time frame is presently sideway as it tackles the 2333.54 horizontal support area. However, as the technical impulse favours bears, we may see further southward move in the early part of this week. I may be wrong. Trade ...

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

XAUUSD Weekly Technical Outlook XAUUSD market operation on the weekly time frame is in a bearish mode. Last week, market operation broke down the 2355.75/2417.81 horizontal channel which had served as resistance for several weeks. There was a ...

Weekly Top-Down Technical Analyses