Technical Analysis 20 October 2026 USD/CHF H-1 The USD/CHF 1-hour chart displays a subtle corrective retracement following a temporary recovery rally off multi-session swing lows near 0.82250. Price action has dipped slightly beneath its short-term...
Crude Oil D1 Chart Analysis: Given that the price of WTI is now at 103.53, buyers may be able to sustain momentum in the 104.23 level if there is a significant rebound off the 200-day simple moving average in the lower-to-mid band. As we can see,...
Shooting Star Candlestick Pattern: A Complete Guide to Bearish Reversals 1. Introduction to the Shooting Star Candlestick The Shooting Star is an important candlestick pattern in technical analysis that signals a potential bearish reversal. It...
Why Traders Should Always Be Cautious During Major News Events Introduction Successful trading requires more than understanding market analysis, technical indicators, and price movements. Traders must also learn how to manage risk during important...
Based on the H4 chart provided for XAUUSD (Gold), the primary trend exhibits a clear shift in character. The market structure transitioned from a strong bearish impulse in early September, characterized by lower highs and lower lows, into a...