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WHAT IS A PIVOT POINT? A pivot point is a is a used by forex traders as a price level gauge for potential future market movements. The pivot point indicator is used to bias as well as levels of , which in turn can be used as profit targets, stop...
CHFJPY The CHFJPY currency pair, also known as the "Swissie," is a popular trading instrument in the foreign exchange market. It represents the exchange rate between the Swiss franc (CHF) and the Japanese yen (JPY). Here are some key points about...
In the GBPUSD H1 timeframe chart, I have identified a potential resistance level at 1.27430. Current market trends suggest that the price may rise to this point. However, I anticipate that upon reaching this resistance level, the upward momentum is...
Declining consumer confidence, coupled with ongoing inflation expectations that remain above the Federal Reserve’s target, is significantly influencing market dynamics. In this economic climate, many investors are turning to gold as a preferred...