The USDCAD opened near the highs from earlier this month at 1.3752, but upside momentum stalled when the price failed to extend above yesterday’s high at 1.37476. That failure prompted buyers to turn to sellers, pushing the pair lower in early trading. On the downside, the 100-hour moving average (currently near 1.37086) once again became…
– T.A explained –Range = two or more consecutive color candles.DISTRIBUTION RANGES DEFINED: BackSide (BS) Candle – First distribution candle in a distribution range. Expectation = strong reaction to price. long wicks reaching to or away from level.FrontSide (FS) Candle – Last distribution candle in a distribution range. Expectation = reversal, create a trend in…
– T.A explained –Range = two or more consecutive color candles.DISTRIBUTION RANGES DEFINED: BackSide (BS) Candle – First distribution candle in a distribution range. Expectation = strong reaction to price. long wicks reaching to or away from level.FrontSide (FS) Candle – Last distribution candle in a distribution range. Expectation = reversal, create a trend in…
AETHIR showing a clean shift in structure and momentum Strong reclaim of the mid range with expansion volume signals buyers stepping in after a prolonged downtrend. The rounded base is resolving into strength, not just relief Key observationsBuyers defended the lows and built a clear accumulation rangeHigher lows and tightening structure signal absorptionMomentum pushing into…
The ADAUSD pair continues to display a bearish outlook, in line with the prevailing downward trend. Recent price action suggests a resistance retest, potentially setting up for another move lower if resistance holds. Key Level: 3000This zone, previously a consolidation area, now acts as a significant resistance level.A failed test and rejection at 3000 would…
The ETHUSD pair continues to display a bearish outlook, in line with the prevailing downward trend. Recent price action suggests a retest of the current swing high, potentially setting up for another move lower if resistance holds. Key Level: 2,410This zone, previously a consolidation area, now acts as a significant resistance level.A failed test and…
Copper outlookSupport 5.12 – 5.2 (shelfs already built) resistance 5.9 (likely be the shelf of support in 2027) Pink line is a flipped price action between march 2022 – march 2025 Red lines resistance but also act as support green dotted line support trend white dotted line confirmation of the trend intersects with support at…
The BTCUSD currency pair continues to display a bearish outlook, in line with the prevailing downward trend. Recent price action suggests sideways consolidation, potentially setting up for another move lower if resistance holds. Key Level: 77,300This zone, previously a consolidation area, now acts as a significant resistance level. Bearish Scenario (rejection at 77,300): A failed…
Day 24 to 26 of 90 — Small Bounces Do Not Always Mean ReversalXAUUSD | M15 | Sentinel Lite SituationOver these three days, gold stayed in a clear downtrend.Price kept making lower highs and lower lows. There were a few small upward moves, but each bounce was weak and failed to break the previous highs….
The price of gold is under notable pressure today, falling sharply by about $90, or -1.93%, to trade near the $4565 level. That decline has pushed the price back below its 100-day moving average at $4582.44—a key technical level that has served as an important barometer for trend direction over the past several months. Looking…
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