The rope pattern is a candlestick pattern that could indicate potential volatility in the forex market. Generally, it is below the bottom of the downtrend and indicates that growth may reverse. The shape of the hammer is recognized by its small...
EUR/USD FORECAST 30 JUNE 2024 The movement of the EurUsd market pair is still at a fairly strong bullish pace where during last Friday's trading, buyers were still able to reduce the selling pressure carried out by sellers by holding it in the price...
USD/CHF Price Action Presently, we analyze the USD/CHF currency pair's pricing movements. At this stage, the primary chart indicates a downward trajectory, which aligns with the market outlook. The descent from the peak suggests a clear direction...
How much benefits of forex for foreigners? *Global Market Access*: Forex trading offers access to a global market, allowing foreigners to trade currencies from around the world, 24 hours a day, 5 days a week. *Leverage*: Forex trading provides...
Today's EUR/USD Price Prediction The Euro (EUR) is getting battered against the US Dollar (USD) and has sunk to its weakest point in a week, currently trading around 1.0800. This weakness stems from recent positive US employment data. The data...