In this analysis, we’re looking at a potential bearish setup for the EUR/USD on the 15-minute timeframe. Here’s a closer look at the key elements of the chart and the rationale behind this bearish outlook.
1. Trendline Break Signals Bearish Shift The chart reveals an upward trendline that had been supporting price action over recent sessions. However, this...
Overview:
The chart highlights recent price action in XAU/USD, with a potential bullish scenario following a consolidation phase. The key points of interest include a strong support zone and potential levels for price reversal and continuation.
Key Levels:
Support Zone: The shaded region around 2,736 indicates a significant support level, where price has...