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 USDCHF pair, currently in a bullish trend, seems unable to continue its rally towards the resistance level (R1) of 0.9174. Instead, the price has decreased and reached the support level (S1) of 0.9095. If the price cannot rise past the pivot...
The GBP/USD pair has shown notable fluctuations recently, driven by a mix of economic data, geopolitical events, and central bank policies. As of the latest trading sessions, the pair has been hovering around the 1.2700 level, exhibiting both...
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Currency Pair Behaviour: USD/CAD In this discussion, we analyse the price movements of the USD/CAD currency pair. Examining the USD/CAD currency pair within the four-hour trend, we observe that it is likely for a bearish correction after nearly...