XAGUSD H4 – Still Bullish
XAGUSD reaches another all time high. We expect the bullish run to continue. Here’s the full breakdown:
📊 Market Structure: HH/HL → Bullish
📈 EMA Check (H4): Price closes above 50 & 200 EMA
🔑 Support & Resistance: Support = 39.5 / Resistance = 42 (Upper bullish channel)
📏 Trendline: Uptrend line intact
📐 Channel: Bullish channel still in play
✅ Bias: Bullish
🎯 Setup Watch: Look for long entry between 40 to 40.5 → TP 42
EURUSD H4 – Resistance Holding
The EURUSD was still moving sideway and unable to break cleanly above the resistant zone. We will be a buyer if it does. Here’s the full breakdown:
📊 Market Structure: LL/LH → Bearish to Neutral. Turn bullish if 1.175 can be taken out.
📈 EMA Check (H4): Price closes above 50 & 200 EMA but oscillating around 200 EMA.
🔑 Support & Resistance: Support = 1.16 / Resistance = 1.175
📏 Trendline: Price tightening between the up and down trend line
✅ Bias: More to bullish
🎯 Setup Watch: Buy breakout above 1.175 → TP 1.2
USDJPY H4 – Still Side Way
The USDJPY pair continue to oscillate between 146.6 to 148, not showing any bullishness despite the HH & HL structure. The H4 200 EMA is flat, showing indecisiveness of the market. Here’s the full breakdown:
📊 Market Structure: HH/HL → Sideway at the moment
📈 EMA Check (H4): Price oscillating around 200 EMA
🔑 Support & Resistance: Support = 146.6 / Resistance = 148
📏 Trendline: Uptrend line intact
📐 Channel: Bullish channel still in play
✅ Bias: Neutral
🎯 Setup Watch: Wait for clean breakout either way
GBPUSD H4 – Sideway For Now
The pair is moving between 1.335 and 1.355, moving sideway. Here’s the full breakdown:
📊 Market Structure: LL/LH → Bearish to Neutral. Bullish if 1.355 can be taken out.
📈 EMA Check (H4): Price closes above 50 & 200 EMA
🔑 Support & Resistance: Support = 1.34 / Resistance = 1.36
✅ Bias: More to bullish
🎯 Setup Watch: Wait for clean breakout below 1.355 → TP 1.4