The currency pair has been experiencing a rebound toward bearish territory since the beginning of the European session, currently hovering around the 0.6366 mark. This move follows the release of a mixed batch of economic data, which has contributed...
General Points about USDCHF: Currently, the USDCHF market appears to be trending towards sellers. It is trading at the 0.8840 level, indicating a bearish sentiment as the price continues to move lower. With the ongoing downward momentum, there is...
Stope loss A stop-loss in forex trading is an essential risk management tool designed to minimize potential losses. It is a preset order to close a trade when the price reaches a specific level, preventing further losses beyond what the trader is...
Crude Oil Technical Analysis H1 Timeframe Crude oil prices are showing a strong bullish trend in the H1 timeframe. The current market structure is in line with the upward trend, confirming that buyers are in control. The price is trading above both...
Important Points about USDCAD: The USDCAD market is currently trading at the 1.4190 level, positioning itself within a crucial zone as market participants await key economic data releases. In the coming hours, the Canadian Unemployment and...