Based on the provided M5 chart for USDCHF, the current candle has an Open at 0.82887, High at 0.82913, Low at 0.82887, and Close at 0.82908. This is a small bullish candle closing slightly above its open and right at the key horizontal level of...
Understanding Market Liquidity: The 3 Main Types of LQD If you spend enough time watching price action, you eventually realize something importantrice doesn’t just move from one random point to another. There is usually a reason why price suddenly...
Hawkish Monetary Backdrop and Elevated Yields Restrain Bullish Momentum Gold (XAU/USD) is undergoing a complex macro consolidation near $4,292 per troy ounce, caught between aggressive monetary tightening expectations from major central banks and...
Rising vs Falling Market — The Importance of Difference One thing that can completely change the way you read a chart is understanding the difference between a rising market and a falling market. Sounds simple, right? But this is where a lot of...
A setup occurring directly around a session high/low can behave differently from one occurring in the middle of the session's...