At the current time, USD/CHF is trading at 0.8986 with a bearish trend. Although the market is moving slowly, there's a potential for a significant movement in the coming days. Several factors could contribute to this, including economic indicators,...
EUR/USD: A Roadmap to Successful Trading We will discuss the current behaviour of the EUR/USD currency pair. The EUR/USD price returned above the resistance zone, defined by levels 1.0791-1.0806 and 1.0816-1.0826. This subsequent consolidation...
USD/JPY H-1 Greetings to all forum members! As long as the moving average is below the price, we will buy. He acts as a support for us from falling. Our second MACD indicator, similar to the first, confirms the purchase of the pair. On the chart,...
what is chart pattern? Chart patterns are specific formations that appear on a price chart that can help traders and investors predict future price movements. These patterns are created by the price movements of a financial asset over time and can...
The pair saw a reduction in its rally near 0.6590 during the early Asian US session on Monday. This uptick is attributed to the weakening US Dollar (USD) following the US Personal Consumption Expenditure Price Index (PCE) report, which indicated...