The USD/CHF currency pair ended the trading week at a price value of 0.8970, and the franc jumped so high in the north direction due to the news background, which came out in a positive green color for the dollar. This concerns the change in the...
WHAT IS PRICE ACTION IN FOREX Price action in Forex refers to the movement of a currency pair's price, which is the basis for trading decisions in the price action trading strategy ¹ ² ³ ⁴. It involves analyzing market price movements, recognizing...
* GBPUSD: Bearish below the level of 1.2770, targeting the levels of 1.2670, 1.2600 and 1.2560 * Bullish prospects above the level of 1.2770 with potential targets at 1.2830, 1.2890 and 1.2930 ...
EUR/USD This week, the EUR/USD pair is trading within upward-trending price channels that reflect the price movement from the previous two weeks. Currently, the price is at the lower line of these channels, providing support for a potential rise....
Daily Four-Hour Chart Analysis in Forex Trading Introduction to Forex Chart Analysis Forex trading involves analyzing currency price movements to make informed trading decisions. Among the numerous tools and techniques, chart analysis stands out as...