Yesterday, GBP/USD bounced off the 1.2603 level, triggering a minor decline. Unlike the euro, the British pound may resume its downward trend if the market plans to engage in selling. At the very least, the price should drop to the 1.2633 level....
What is the Commodity Channel Index (CCI)? The Commodity Channel Index (CCI) is a momentum-based oscillator developed by Donald Lambert in 1980. It is primarily used in technical analysis to identify cyclical trends in the prices of a wide range of...
The EUR/USD exchange rate, currently at 1.0691, is experiencing a bearish trend. This suggests that the euro is weakening against the dollar, which can be attributed to several macroeconomic factors, including differences in economic performance,...
The Art and Strategy of Scalping in Trading Scalping is a high-frequency trading strategy that aims to profit from small price changes in financial markets. This method is distinct in its speed and precision, requiring traders to make rapid...
USD/ CHF: The Power of Price Action Our conversation aligns with the ongoing live evaluation of the pricing of the USD/ CHF currency pair. I wonder why the franc is strengthening against the US dollar since I didn't find anything in the media on...