Monthly Archives: August 2025
Chart the Market (15/08/2025)
Written on August 19, 2025 at 6:08 am, by
XAUUSD, H4: The precious metal’s attempt to recover from recent losses has been muted, with prices failing to overcome key resistance levels that continue to define the prevailing downtrend. While gold has managed to pare some of its declines, the rebound lacks conviction as prices remain trapped below a descending trendline that has contained ralliesContinue Reading
Chart the Market (14/08/2025)
Written on August 19, 2025 at 6:07 am, by
USDJPY, H4: USD/JPY is under pressure after a false breakout was followed by a decisive move below its recent consolidation range, signaling further downside for the pair. Now trading at its lowest level this month, the pair is testing the 146.15 support. A break beneath this level would reinforce the bearish outlook and potentially accelerateContinue Reading
Chart the Market (12/08/2025)
Written on August 19, 2025 at 6:05 am, by
GBPUSD, H4: The British pound has mounted a notable recovery against the U.S. dollar, successfully reversing its prior downtrend and establishing a new upward trajectory. The pair’s ability to consistently hold above the technically significant 61.8% Fibonacci retracement level at 1.3423 suggests underlying strength, though recent price action shows signs of potential fatigue as theContinue Reading
