USDJPY price action on the daily time frame turned sideways after a bullish drive that printed an all-time high at the 151.970 area. Although the preceding technical impulse is bullish, we cannot rule out a southward liquidity grab before further ...

USD/JPY Discussion

USDJPY Weekly Technical Outlook In March, USDJPY market operation on the monthly time frame punched through the 151.940 former all-time high to print a new high at the 151.970 area. The technical print in March favours bulls more than bears. image ...

Weekly Top-Down Technical Analyses

XAUUSD price action on the daily time frame is bullish. But technically, the bullish drive has been largely parabolic, and we are likely to see a bearish correction, perhaps, after a sustained bullish weakness. This may come after a bullish ...

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

XAUUSD Weekly Technical Outlook XAUUSD market operation on the monthly time frame printed an all-time high at the 2236.08 area in March. This was the second all-time high printed in the last four months, market operation having printed the first at ...

Weekly Top-Down Technical Analyses

GBPUSD price action on the daily time frame is bearish but presently tackling the 1.26000 intra-day horizontal support. This is above the 1.25310 long-term horizontal support, which has been in place since December 13, 2023. A significant breakdown ...

Cable Update (GBPUSD)

GBPUSD Weekly Technical Outlook GBPUSD market operation on the weekly time frame is bearish. However, it is presently located at the 1.25310 horizontal support, which has held as support since December 2023. The technical structure is bearish. ...

Weekly Top-Down Technical Analyses

EURUSD price action on the H4 time frame turned sideways on Friday after a bearish drive to the 1.08060 intra-day horizontal support. The dominant technical structure is bearish; therefore, any intra-day northward drive would be for liquidity grab ...

EURUSD

EURUSD Weekly Technical Outlook EURUSD market operation on the weekly time frame is bearish. Presently, it is tackling a rising trendline traceable to October 2022 and it is located at the 1.08060 intra-day horizontal support. A significant ...

Weekly Top-Down Technical Analyses

USDJPY price action on the H4 time frame is sideways within the 151.250/152.000 horizontal resistance (blue), seen on the weekly time frame. The technical impulse is more favorably bullish, and we may still see further northward move at least in the ...

USD/JPY Discussion

USDJPY Weekly Technical Outlook USDJPY market operation on the weekly time frame retested the 151.250/152.000 horizontal resistance (blue) last week. The bullish print has a relatively small shadow, which indicates bearish challenge at the zone. ...

Weekly Top-Down Technical Analyses

XAUUSD price action on the H4 time frame went sideways towards the end of last week after bears pushed back a bullish drive that printed an all-time high at the 2222.60 area (purple). The technical impulse favours bulls more than bears and we may ...

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

XAUUSD Weekly Technical Outlook XAUUSD market operation printed an all-time high of 2222.60 last week. On the weekly time frame, the bullish charge met a strong bearish pushback at the 2222.60 area (purple) that resulted in the candlestick closing ...

Weekly Top-Down Technical Analyses

GBPUSD price action on the H4 time frame is presently ambivalent. Bears had challenged a bullish breakout of the 1.25310/1.27590 horizontal channel (blue), seen on the weekly time frame, but there is little southward momentum. Presently, price ...

Cable Update (GBPUSD)

GBPUSD Weekly Technical Outlook GBPUSD market operation on the weekly time frame printed a bearish candlestick last week. This was in opposition to the bullish candlestick printed the previous week. Technically, market operation is attempting a ...

Weekly Top-Down Technical Analyses

EURUSD price action on the H4 time frame went sideways on Friday after bulls challenged a bearish break of the 1.08870 intra-day support. Presently, price action is in the 1.08870 area. Although the dominant technical structure is bearish, we cannot ...

EURUSD

EURUSD Weekly Technical Outlook EURUSD market operation on the weekly time frame is sideways and just above a rising trendline. Last week, market operation printed an indecision candlestick in opposition to the bullish candlestick printed the ...

Weekly Top-Down Technical Analyses

USDJPY price action on the H4 time frame went sideways on Friday as price action attempted a bullish retest of the 149.200 horizontal resistance area. Although technicals favour bulls more than bears, we may see a southward liquidity grab at the ...

USD/JPY Discussion

USDJPY Weekly Technical Outlook USDJPY market operation on the weekly time frame printed a bullish candlestick last week to retest the 149.200 horizontal resistance area. The area was broken down two weeks ago after a bearish pushback. image ...

Weekly Top-Down Technical Analyses

After printing a multi-year high on March 8, XAUUSD price action briefly turned bearish on Tuesday before going sideways for the rest of the week. We cannot rule out further bearish move to retest an intra-day area of value. 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 went sideways last week after the bullish drive of the previous that printed a multi-year high. Last week, market operation printed a relatively small bearish ...

Weekly Top-Down Technical Analyses