Introduction Forex trading, also known as foreign exchange trading or currency trading, involves the exchange of currencies on the foreign exchange market. Traders use various methods to predict market movements and make trading decisions, and one...
USDCHF H4 alternative option for price action when the support level is reached at 0.90112 would be a plan in which the price stabilizes below this level and moves further south. If this plan develops, I would wait for the price to break through the...
EUR/USD currency pair’s price action. Currently, we’re examining the EUR/USD currency pair’s price action. The pair is experiencing a pullback and trades at 1.0769. The primary resistance level is 1.0779. The EUR/USD will likely remain bearish, and...
GBP/USD TRADING UPDATES H4 time frame: As an opening for analysis this afternoon I will monitor the journey of the GbpUsd pair which is planned to be the trading choice for next week. Based on observations from the 4-hour time frame chart, it shows...
The chart depicts a trend line (short-term) with shaded confidence intervals over a date range from May 15, 2024, to July 1, 2024. Here is a detailed description and analysis of the chart: ### Description: 1. **X-Axis (Date)**: - The x-axis...