The descending channel pattern (also called the falling channel) is a bearish chart formation. It develops within pronounced downtrends in asset pricing. Forex traders view descending channels as evidence of
Macro FundamentalsLEI improving → 86.8 → 90Exo + LEI score = 78.5 → Healthy trend continuation biasExogenous factors: April score 4.5 → positive skewUSD macro weak & dovish, GBP maintaining
Gold opened at $3,332 and closed at $3,424 yesterday, surging $92 throughout the day. The daily K-line formed a large bullish candle with minor upper and lower shadows, marking a
XAU/USD Price Action Update – April 22, 2025Current Price: 3,480.53Timeframe: 15MKey Demand Zones (Support):🟢3452–3452 – Minor Imbalance Fill Zone (could trigger short-term reaction)🟢3441–3444 – Strong Demand Zone (aligned with 0.618
EURGBP SHORT FORECAST Q2 W17 D23 Y25[/I]Summary- Weekly Orderblock- 15' OrderblockRequirements- Setup A) Await 15' breaks of structure - Pull back short from created 15' order block- Setup B) Lowertime
On the 4-hour chart, EURUSD continues to rise, and the bullish trend is obvious. Currently, we can pay attention to the support near 1.148. If it falls back and stabilizes,
BTC/USD Price Action Update – April 22, 2025Current Price: 88,162.24Timeframe: 15MKey Demand Zone (Support):🟢88,157–88,460 – Clean Breaker Block (ideal for bullish re-entry on retest)🟢85,500–86,500 – Higher Timeframe Demand Zone (strong
EURUSD SHORT FORECAST Q2 W17 D23 Y25Summary- Weekly Order Block- Daily Order Block- 15' Order Block- Break of 15' structureRequirements[/I]- Setup A) Continued 15' breaks of structure. Price action pull
Despite a new peak in global liquidity measured by the M2 monetary aggregate, the Bitcoin price has yet to trigger a real rally. There are several reasons for this lag.First
Market Review: Strong continuation, bulls dominateYesterday, gold opened high and moved higher, breaking through the 3400 mark. Although it retreated briefly, it quickly stabilized. The US market rose again, reaching