I find myself reflecting on the detailed analysis you’ve shared, and I must say, the current configuration of USD/CHF is truly compelling to me. I observe that the pair’s ability to consolidate above the first calculated resistance, specifically the...
I am looking at the current market situation and I clearly see that neither a sharp breakdown on the chart nor the present calm but persistent trend movement offers an attractive trading environment for me, because in both cases the risk-to-reward...
EUR/USD daily chart analysis First off, the chart shows a clear *upward trend line* (the black line) that’s been holding the price since the low in Nov. That line acts like a *dynamic support* – every time the price touches it, buyers step in and...
I am analyzing USDJPY on the H4 timeframe and I see that growth remains the dominant trending movement, which logically suggests that consolidation usually precedes continuation, although I acknowledge that the market can always surprise. I note...
News for trading Today we have high-impact news. The high-impact news involving various currencies. We have some low and medium-impact news as well. There will be much volatility in that area and with any pair related to the currencies seen below....