USD/CHF On the H4 timeframe, it turns out that USD/CHF reached the level of 138.2 on the Fibonacci grid, which is the minimum target for working out the local zigzag. Of course, I had even deeper thoughts about the future, but it is worth...
EURCHF Daily Forecast The EUR/CHF pair showed a strong uptrend and the price broke above the key resistance level to reach 0.96247. A large green candlestick reflects strong buying pressure pushing the price above the upper Bollinger Band. This...
Leverage Leverage in forex trading allows traders to control a larger position in the market with a smaller amount of capital. It is essentially a loan provided by the broker, enabling traders to magnify their potential profits. However, it also...
The EUR/USD H1 chart displays a strong bullish trend, with the price currently at 1.0803. The recent uptrend has been significant, breaking above key resistance levels and forming higher highs. This indicates strong buying pressure in the market....
Technical Analysis of GBPUSD The GBPUSD pair is currently trading at 1.29000, reflecting a consolidation phase within a defined range. The pair is navigating between key technical levels, with immediate support at 1.26760 and resistance at 1.30093....