USD/JPY – Technical Analysis (H1)
The local bullish structure in USD/JPY looks unconvincing, with rounded tops pointing to possible exhaustion. A decline toward the 158.500 balance support remains the preferred scenario.
The local bullish structure in USD/JPY looks unconvincing, with rounded tops pointing to possible exhaustion. A decline toward the 158.500 balance support remains the preferred scenario.
GBP/USD has tightly approached the 1.3530 supply zone, where we previously recommended selling the pound. A pullback toward 1.3500 and then 1.3440 remains the higher-probability scenario.
EUR/USD bulls have successfully defended the key 1.1515–1.1520 support zone, preserving the upward structure. Focus now shifts to the strong 1.1555–1.1565 resistance area that may cap the current advance.
Gold is teetering on the edge of a potential breakdown toward the psychological $4,000 zone. A pullback to the $4,425 area currently offers the most attractive selling opportunity before a sharper move lower.
BTC/USD trades near $63,150, extending its decline below the critical $64,000 mark as spot exchange volumes fall to their lowest levels since 2019.
Brent Crude trades near $86.55 per barrel, easing slightly from recent weekly highs as an influx of Middle Eastern imports begins reaching US ports. Near-term price action remains constrained between initial technical support at $85.00 and overhead resistance at $88.00.
GBP/USD has formed a bearish Over&Under reversal pattern on H1, signaling a potential end to the uptrend. Shorts from 1.3530 target the 1.3430–1.3440 support zone, offering a solid 1:4 risk-reward setup.
Bitcoin continues to trade within a descending structure. The $63,200 support zone remains the key level that bears must break to confirm further downside momentum.
Bulls are struggling to hold the 1.1520 support zone that currently keeps the structure bullish. A break lower would confirm a shift in momentum toward further declines.
Gold is currently undergoing a corrective pullback after forcing a triple top in the $4,430–4,440 zone. The key support at $4,360 remains the critical level defending the broader bullish structure.
BTC/USD trades near $63,770, continuing to compress within a tight consolidation band. Spot price action remains bound between primary support at $63,400 and overhead technical resistance near $64,200.
Brent Crude trades near $87.25 per barrel, consolidating near recent highs as market participants weigh a massive US domestic inventory buildup against ongoing shipping disruptions in the Middle East.
USD/JPY has staged a local sell-off after forming a double top, echoing past Bank of Japan intervention patterns. The pair now sits at a critical juncture between a fresh push toward 160.000 and further downside to 158.000.
Natural gas has formed an Over&Under reversal pattern near the 2.827 supply zone. The market now faces a clear fork: a sharp move lower to fill the gap at 2.710, or continuation higher toward 3.000.
EUR/USD maintains a bullish structure with higher lows on the H1 chart. Buyers may attempt a push toward 1.1575 from current levels, though the quality of the recent correction leaves room for further consolidation or a deeper test of 1.1520.