downtrend

Spot gold just bounced from its new intraweek lows! In case you missed it, the Fed’s recent meeting minutes showed that members are still largely concerned about Uncle Sam’s inflation trends. In fact, many expect that they’ll keep their…

Kicking off the new week with a simple downtrend setup on NZD/USD! Risk sentiment is leaning negative to early, prompting early broad USD strength. Will major catalysts ahead from both the U.S. and New Zealand keep the trend going or…

USD/CHF is having trouble breaking above the .8800 psychological handle!Will this lead to the pair extending its months-long downtrend? We’re checking the daily chart today! USD/CHF Daily Forex Chart by TV USD/CHF is NOT having a…

British Pound, GBP/USD, Daily vs 4-Hour Setting – Technical Update:British Pound breakout takes a break after Hammer candlestickBut, on the 4-hour timeframe, the near-term bearish bias is in playWill GBP/USD resume Descending Channel…

This pair has been cruising lower for the most part of the week!Will the upcoming U.S. PPI release allow the downtrend to gain traction? Right now, USD/JPY is stalling around the 138.00-138.50 zone, possibly considering a quick pullback…

The European Central Bank (ECB) is up today! Will the central bank members’ decision extend the euro’s losses against its some of its counterparts? In case you were watching other EUR pairs, you should know that EUR/NZD has been in an…

Share: USD/JPY clings to mild gains during the first positive day in five. Sustained downside break of…

Trend warriors gather ’round! Bitcoin (BTC/USD) has seen enough demand to push it to a potential resistance area. Will the OG crypto extend its losses this week? Bitcoin (BTC/USD) 4-hour Chart Chart by TV Over the past few days,…

CRUDE OIL, WTI, NATURAL GAS, NG - Outlook:Crude oil is holding above tough support, keeping alive the capitulation view.Natural gas has fallen sharply, but the downside could be cushioned.What are the key levels to watch? Recommended…

USD/CHF is testing a key inflection point! Will enough bears show up at the level to extend USD/CHF’s downtrend? Let’s take a closer look at the pair’s daily chart: USD/CHF Daily Forex Chart Chart by TV As you can see, USD/CHF has…