XAGUSD H4 – High inspiration
The pull back has been very shallow for this pair. Buyers are just relentless with their continuing purchases. Here’s the full breakdown:
📊 Market Structure: HH/HL -> Bullish
📈 EMA Check (H4): Price closes above 50 EMA
🔑 Support & Resistance: Support = 86.4 / Resistance = Unknown
📏 Trendline: Not available
📐 Channel: Not available
✅ Bias: Bullish
🎯 Setup Watch: Look for buy setup to go long
XAUUSD H4 – Another higher high?
The golden precious metal continues to make higher high, just like it’s silver sibling. Look to buy if not already long. Here’s the full breakdown:
📊 Market Structure: HH/HL -> Bullish
📈 EMA Check (H4): Price closed above 50 EMA.
🔑 Support & Resistance: Support = 4,530 / Resistance = NA
📏 Trendline: Not available
📐 Channel: Not available
✅ Bias: Bullish
🎯 Setup Watch: Looking for bullish setup to buy
EURUSD H4 – Strong USD
The tide has turned the past week with the strong USD. Is 1.16 strong enough to kick off another bull run for EURUSD? Here’s the full breakdown:
📊 Market Structure: LL/LH -> Bearish
📈 EMA Check (H4): Price closed below 50 EMA
🔑 Support & Resistance: Support = 1.16 / Resistance = 1.17
📏 Trendline: Not available
📐 Channel: Not available
✅ Bias: Bearish
🎯 Setup Watch: Not buying yet
USDJPY H4 – Weakening JPY?
The USDJPY has punched through the weekly resistance and then back again. With the higher high and higher low, we are still looking to long this pair. Here’s the full breakdown:
📊 Market Structure: HH/HL -> Bullish
📈 EMA Check (H4): Price is above 50 EMA
🔑 Support & Resistance: Support = 158 / Resistance = 159.5
📏 Trendline: Not available
📐 Channel: Not available
✅ Bias: Bullish
🎯 Setup Watch: Looking to go long.