GBPUSD price action on the daily time frame is in a bullish mode. As the technical impulse favours bulls more than bears, we may still see further northward move in the early part of the week. I may be wrong. Trade safe and prosper. KP image

Cable Update (GBPUSD)

GBPUSD Weekly Technical Outlook GBPUSD market operation on the weekly time frame is bullish. Last week, market operation printed a relatively moderate bullish print that closed above the 1.26310/1.27590 horizontal channel (blue). This may result in ...

Weekly Top-Down Technical Analyses

EURUSD price action on the daily time frame turned sideways on Friday after a bullish charge at the 1.09360 inter-day resistance. Further northward move may see price action retest the 1.11230/1.06060 supply area (blue) before a southward ...

EURUSD

EURUSD Weekly Technical Outlook EURUSD market operation on the weekly time frame disposed northward last week after a brief consolidation above a rising trendline. Although, presently, market operation is tackling the 1.09360 minor horizontal ...

Weekly Top-Down Technical Analyses

USDJPY price action on the daily time frame is bearish, having broken below the 149.00/152.00 horizontal resistance zone (purple) seen on the weekly time frame. Should there be a significant bearish closing on Monday, we may see a further southward ...

USD/JPY Discussion

USDJPY Weekly Technical Outlook USDJPY market operation on the weekly time frame has taken on a bearish mode after consolidating for three weeks within the 149.00/152.00 horizontal resistance zone (purple). Last week, a relatively moderate bearish ...

Weekly Top-Down Technical Analyses

XAUUSD price action on the daily time frame made a bullish parabolic drive above the 2071.31 horizontal resistance area to print a multi-year high at the 2195.02 area (purple). Technically, we can expect a bearish correction, but we should await a ...

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

XAUUSD Weekly Technical Outlook XAUUSD market operation on the weekly time frame is bullish. The relatively large bullish candlestick printed last week broke above the 2071.31 horizontal resistance (purple) to print a multi-year high at the 2195.02 ...

Weekly Top-Down Technical Analyses

GBPUSD price action on the daily time frame is within the 1.25310/1.27590 horizontal channel (blue). Presently, it is sideways at the middle part of the channel where it is tackling the1.26500 horizontal resistance. The dominant technical structure ...

Cable Update (GBPUSD)

GBPUSD Weekly Technical Outlook GBPUSD market operation on the monthly time frame printed an indecision candlestick in February. The market operation has remained sideways since December 2023, tackling the 1.26500 horizontal resistance. The ...

Weekly Top-Down Technical Analyses

EURUSD price action on the daily time frame is sideways. Presently, it is retesting the 1.08380 intra-day horizontal resistance. The dominant technical structure is bearish. I may be wrong. Trade safe and prosper. KP image

EURUSD

EURUSD Weekly Technical Outlook EURUSD market operation on the monthly time frame went sideways in February after a bearish disposition in January. Generally, market operation is in a corrective mode of a bearish swing. The technical structure is ...

Weekly Top-Down Technical Analyses

USDJPY price action on the daily time frame has turned sideways as it tackles the 149.200/152.00 horizontal resistance zone (purple). However, the technical impulse favours bulls more than bears. And we may still see further northward move. I may be ...

USD/JPY Discussion

USDJPY Weekly Technical Outlook USDJPY market operation on the monthly time frame printed a bullish candlestick in February as a follow-through on the bullish print of January. Market operation is within the 149.200/152.00 horizontal resistance zone ...

Weekly Top-Down Technical Analyses

XAUUSD price action on the daily time frame is bullish. It has broken above the 2071.30 horizontal resistance (purple) seen on the monthly time frame. The technical impulse favours further bullish move but the relatively strong bearish swing, that ...

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

XAUUSD Weekly Technical Outlook XAUUSD market operation on the monthly time frame took on a bullish mode in the latter part of February after an initial bearish dip. Eventually, it printed a long-tailed indecision candlestick by the close of ...

Weekly Top-Down Technical Analyses

GBPUSD price action on the H4 time frame is making a grinding bullish correction. Presently, it is at the upper part of a rising channel (magenta). Although the dominant technical structure is bearish, in the short term, we may still see further ...

Cable Update (GBPUSD)

GBPUSD Weekly Technical Outlook After going sideways for two weeks, GBPUSD market operation on the weekly time frame took a bullish tone last week. However, market operation is still within the 1.27600/1.26100 horizontal channel (red), which is in ...

Weekly Top-Down Technical Analyses

EURUSD price action on the H4 time frame was in a bullish corrective mode but went sideways on Thursday and Friday after a bearish challenge. The technical structure favours bears but we may still see further northward move before a southward ...

EURUSD

EURUSD Weekly Technical Outlook EURUSD market operation is sideways within the 1.08926/1.07300 horizontal channel (purple) on the weekly time frame. Last week, market operation printed a doji-like candlestick within the channel. The candlestick ...

Weekly Top-Down Technical Analyses