XAGUSD H4 – Distribution?

The XAGUSD seems like achieving a new high every week. After reaching 51.24 as the all time high, we see the largest bearish bar since Sep 2025 rally. With the new tariff on China goods announced, any pull back should be shallow. Hereβs the full breakdown:
πΒ Market Structure: HH/HL β Bullish
πΒ EMA Check (H4): Price closes above 50 & 200 EMA
πΒ Support & Resistance: Support = 47.5 / Resistance = 52.24
πΒ Trendline: Uptrend line intact
πΒ Channel: Bullish channel still in play
β
Β Bias: Bullish
π―Β Setup Watch: Observe for range price action
EURUSD H4 – Bearish

The situation in Europe remains cautious due to the France political turmoil, plus the advance of Russia in Ukraine challenging NATO. The bullish trend line is finally broken cleanly. Hereβs the full breakdown:
π Market Structure: LL/LH β Bearish
π EMA Check (H4): Price closed below 50 and 200 EMA.
π Support & Resistance: Support = 1.157 / Resistance = 1.165
π Trendline: Bearish trend line has formed
β
Β Bias: Bearish
π―Β Setup Watch: Looking for bearish setup around 1.1645 to sell
XAUUSD H4 – Still Bullish?

The global demand for gold is still very strong. We are still bullish and think that any pull back will be shallow. Here’s the full breakdown:
π Market Structure: HH/HL β Bullish
π EMA Check (H4): Price is above 50 EMA
π Support & Resistance: Support = 3,900 ~ 3,950 / Resistance = 4,059
π Trendline: Uptrend line intact
π Channel: Bullish channel still in play
β
Β Bias: Bullish to Neutral
π―Β Setup Watch: Wait for rotation lower to enter
GBPUSD H4 – Bearish

The pair attempted twice to clear the 200 EMA in H4 but failed. It’s a sign of weakness. Here’s the full breakdown:
π Market Structure: LL/LH β Bearish.
π EMA Check (H4): Price below 50 & 200 EMA
π Support & Resistance: Support = 1.315 / Resistance = 1.339
β
Β Bias: Bearish
π―Β Setup Watch: Look for bearish setup around 1.339
USDJPY H4 – Reversing?

As expected, USDJPY gap up on last Monday open and rallied up 350 pips. However, with the Trump announcement on new China tariff, USDJPY has taken a beating, together with the stock market. Here’s the full breakdown:
π Market Structure: HH/HL β Bullish
π EMA Check (H4): Price is still above 50 & 200 EMA
π Support & Resistance: Support = 150 / Resistance = around 152
β
Β Bias: More to bullish
π―Β Setup Watch: Potentially able to sell around 152 for a quick trade down to 150. At the moment, it’s hard to bullish USDJPY due to the new tariff announced.
AUDUSD H4 – Bearish

The Trump announcement on new China tariff, brought AUDUSD down, together with the stock market. Here’s the full breakdown:
π Market Structure: LL/LH β Bearish
π EMA Check (H4): Price is below 50 & 200 EMA
π Support & Resistance: Support = 0.6416 / Resistance = 0.65 ~ 0.6525
β
Β Bias: Bearish
π―Β Setup Watch: Sell the rally if a setup occurs between 0.65 ~ 0.6525. TP at 0.6416.
