**Monthly Chart (Directional Bias = Sideway)** After the relative double bottom of the year 2011, USDCAD's long-term trend is bullish. The long-term directional bias is moving into a large range between 1.46500 and 1.20220 levels from Jan 2016. Last month's candle closed bearish after moving lower from the monthly MC (Order Block) near the supply zone. This...
**Monthly Chart** AUDUSD last month's candle closed bullish indicating a shift in an intermediate trend towards targeting the next high at 0.6900 - 0.7000 level. If this trend breaks then the next target will be around 0.72000. **Weekly Chart** As per the weekly chart, the price shows that it is in a range. Therefore, I will be watching for a good opportunity...
**Yearly Chart** At the beginning of each year, I like to see the yearly candle and see how it is closed in relation to the previous year's candle. US500 (S&P) 2023 closed bullish, however, it is within the range of the previous two candles 2022 & 2021. **Monthly Chart** The chart shows a clear long-term upward trend but the price didn’t break the high of Jan...
**Yearly Chart** At the beginning of each year, I like to see the yearly candle and see how it closed in relation to the previous year's candle. US100 (NAS) 2023 opened near the low of the 2022 candle at 1.0673.60 and closed aggressively higher at 16812.30 after making a new historical high. The candle closed bullish and it shows the amount of liquidity in the...
**Yearly Chart** At the beginning of each year, I like to see the yearly candle and see how it closed in relation to the previous year candle. Last year's candle closed bullish and higher than the previous year candle. After testing the low of year 2020 and found a bottom. **Monthly Chart** Although last month candle closed lower. The long-term trend is still...
**Yearly Chart** At the beginning of each year, I like to see the yearly candle and see how it closed in relation to the previous year candle. 2023 yearly candle closed bullish after it bounced from the key level at 1.6000 (round number) in 2022. Last year we saw the price created a new high at around 1.8000 key level. **Monthly Chart** Last month's candle...
**Yearly Chart** At the beginning of each year, I like to see the yearly candle and see how it closed in relations to the previous candle. Last year's candle closed bullish. The long-term trend is bullish, it also shows that the intermediate trend bounced in year 2022 from 1.0000 level which suggests a move higher for this year. At least to 1.25000 level and...
**Yearly Chart** At the start of the year, I like to see the yearly candle first. On GBPUSD the yearly candle closed as a bullish inside bar after bouncing from the key low level at 1.20000 (round number) after bouncing from the year 1983 historical low. **Monthly Chart** Last month's candle closed bullish after creating a ring low pattern (engulfing candle)...
**Yearly Chart** At the close of 2023, the yearly candle closed bearish suggesting continued bearish momentum for DXY going into year 2024. The index ranged between 107.35 and 99.57. The yearly candle also shows that the price took two years to test the manipulation candles of the years 2001 and 2002. **Monthly Chart** Moving down to the monthly chart we can...
**Monthly Chart** TSLA Long term bias is bullish and it had also short-term bias which is bearish as per the month chart. Given this stock was only traded in the last 10 years. **Weekly Chart** As per the weekly chart, Tesla is moving downward within a range. The next target is around 200 level. We need to see if the price will break the round number and...
**Monthly Chart** last month's candle closed bullish and created a new historical high moving towards new targets at 38000 and 40000 respectively. The long-term trend remains bullish from year 2009. **Weekly Chart** US30 was in a range after it created a high in Jan 2022 at 36936.25 level (just shy from 37000) and 29000 low level Oct 2022. However, the price...
**Yearly Chart** UKOil (Brent) last year's candle closed in a big range between 70 and 95 levels. While the intermediate trend suggests continuing the long-directional bias. **Monthly Chart** After retracing from an all-time high at around 125 level in 2022. The price retraced back to balance the move at 50% of the swing high and then remains in a range from...
**Yearly Chart** When looking at XAUUSD (Gold) yearly chart, we can see 2023 candle broke an all-time high and closed bullish. There is a strong chance that we will see it creating higher levels this year. The long-term bias on yearly is still bullish. **Monthly Chart** Last month candle was responsible for creating a new historical high at 2146 level. Therefore,...
**Yearly Chart** The year 2023 candle closed bullish but it stood within the range of the previous year's candle. A look at the yearly chart indicates the directional bias is long after it tested the major demands zone. **Monthly Chart** After the major move of 2022, the price stalled in a large range moving between 1.63000 level (round number) and 1.73000....
**Yearly Chart** At the close of 2023, the yearly candle closed bearish suggesting continued bearish momentum for DXY going into year 2024. The index ranged between 107.35 and 99.57. The yearly candle also shows that the price took two years to test the manipulation candles of the years 2001 and 2002. **Monthly Chart** Moving down to the monthly chart we can...
**Monthly Chart** The long-term directional bias of DXY (US$ Index) has been bullish since 2013. However, the price started to push lower from Sept 2022 after it reached the 115 price level. The index remains in the consolidated range between 108 and 100 levels from Jan 2023. Last month's candle (Nov 2023) touched the relative high of the previous month and...
**Monthly Chart** The pair looks like it is in a long-term range as per the monthly chart. However, the price moved from 1.4000 (August 22 pin bar) and the paused around key area at 1.7000 and could not break it after the last high of August 2023. The price moved into narrow consolidation for the last 4 months. Last month's candle closed bearish followed by...
**Monthly Chart** AUDUSD has been in a long-term downward trend for the last two years. If we draw two lines upper and lower of the candles we will easily identify a downward channel. Last month candle closed bullish engulfing after it tested the low at around 0.62700 level. **Weekly Chart** Last week candle closed as a Manipulation candle suggesting a...