SheenaL

SheenaL

Alright, let’s break down this EUR/GBP setup! Looking at the daily, we see EUR/GBP recently had a strong bullish push, but now it’s hitting a bit of consolidation just above the daily support at 0.83950. That area has acted as a significant barrier before, so if price can stay above it, we might see another leg up. On the daily, the 21 EMA is below price, showing...

SheenaL

Looking at the EUR/USD charts, we're currently testing a key level just below that daily resistance at 1.08686. Price action has pushed up to this zone but hasn’t broken through yet, suggesting we might see some selling pressure kick in. The 4-hour and 2-hour EMAs are flattening out around this resistance, hinting that the bullish momentum could be cooling off, at...

SheenaL

Based on the AUD/USD charts, let's dive into a quick technical breakdown to see where the opportunities lie. Daily: We’re seeing AUD/USD in a strong downtrend, pressing into the lower levels near daily support at 0.6557. The daily candles are riding below both the 21 EMA and 8 EMA, which is further confirming bearish momentum. If sellers continue to drive price...

SheenaL

Alright, fam, let’s break down GBP/AUD on this Thursday afternoon. We’re looking at a strong move up that’s been grinding higher, but it’s run into some resistance near that 1.9889 weekly level. This is a significant area to watch since it aligns with previous rejections on the weekly. On the daily chart, we’ve got a rejection candle forming just below the weekly...

SheenaL

Looking at the EUR/USD market structure from a top-down perspective, starting with the weekly chart, we can see that price is still in a downtrend overall, trading below both the 21 EMA and 200 EMA, which indicates continued bearish momentum. The weekly support and resistance levels are marked with yellow lines, and as of now, price is hovering near the 1.07967...

SheenaL

Let's break down the market structure on GBP/USD. Starting with the weekly chart, we can see that price has been respecting that yellow weekly support at 1.28626 and hasn't closed below it yet. However, GBP/USD has struggled to break back above the 21 EMA, which is sitting around 1.30468, and looks like it could face more downside pressure unless it can retest...

SheenaL

GBP/USD: I can see that we're trading below the 21 EMA on both the weekly and daily timeframes, indicating that the bears still have control. On the weekly, price is rejecting a critical level around 1.30992, with a continuation of bearish momentum heading toward the next key weekly support at 1.27575. This makes me lean towards a bearish bias in the medium...

SheenaL

Looking at the NZD/USD charts across multiple time frames, we can spot some solid technical setups brewing. On the weekly chart, we see price action respecting both the 21 EMA and 200 EMA, with price bouncing off weekly resistance around 0.61110 and now sitting just above that daily support zone at 0.60116. Momentum is still bearish with price pushing down and...

SheenaL

he weekly chart is showing strong bearish momentum after the break below the 1.08660 support level. Right now, price is sitting just above 1.08000, and that 200-day EMA (around 1.08711) above us is acting as strong resistance. With price breaking through the previous key support, this pair is in a clear downtrend. The next key level to watch is 1.07233, which...

SheenaL

Alright, let's break down the AUD/USD chart using a top-down approach, starting from the higher timeframes and moving down to the lower timeframes to find potential setups for this week. Looking at the weekly chart, AUD/USD has been in a consistent downtrend, with prices continuing to test lower levels of support. We’re currently sitting near a critical support...

SheenaL

Let's get into the breakdown of AUD/USD based on the charts you're showing. Starting with the weekly chart, we can see that price is currently trading near the 0.66670 area, which is a significant level of support. This level has been tested before, and with the price currently sitting on it, we could see a potential break or bounce depending on how the market...

SheenaL

Alright y’all, let’s get into the USD/JPY analysis. As you can see, we’re currently sitting at around the 149.30 level after testing the daily resistance near 149.30 (marked by the white horizontal line). Looking back on the higher timeframe (the daily chart), the price has been trending up recently, respecting that yellow 21-period EMA, which shows us the bulls...

SheenaL

Alright, let's dive into the EUR/GBP charts! Starting with the daily timeframe, we can see that price is consolidating between the key daily support of 0.83599 and the resistance at 0.83919. This range has been holding up for a bit, and right now, price is hovering just below the resistance, giving off a slight hesitation for a potential breakout. What’s standing...

SheenaL

Alright y'all, let's dive into a top-down analysis of GBP/USD. Starting on the monthly chart, we see price approaching a key weekly resistance level at 1.32226. The pair has been respecting this level since mid-2023, and it’s been a significant zone for reversal or continuation. With price just under this resistance, we need to be cautious of possible rejection,...

SheenaL

Alright traders, here's a top-down analysis on EUR/USD. Let's start the week off right with some market structure insights. First, looking at the monthly chart, we see EUR/USD climbing above those key support levels around 1.0973, which is a crucial daily support. Above, we have resistance around the 1.1041 level — this yellow weekly resistance is going to be...

SheenaL

Looking at the EUR/USD chart, we are clearly seeing the market respecting key support and resistance levels. The price is currently hovering around the 1.1016 zone, which is just above a significant support level at 1.0973. The overall structure has been bearish, with the price consistently making lower highs and lower lows, confirming the downtrend that has been...

SheenaL

let's break down what's happening with Gold (XAU/USD) on this fresh Thursday... We’re seeing some consolidation here, and it's starting to squeeze inside that triangle formation. Look closely at how price action is respecting those trendlines, moving tighter and tighter between the support at $2,640 and resistance near $2,661. Right now, we're at the...

SheenaL

Let's break down the XAU/USD (Gold) charts from a top-down perspective, starting with the daily, 4-hour, 2-hour, and 1-hour views. This will give us a full picture of the market structure and potential trade setups. Starting with the daily chart, we can see that Gold is sitting around the $2,660 level, which is a key resistance zone. It recently rejected from...