USD/CHF Technical Analysis: Right now, USD/CHF is trading around 0.8550, showing a slight bullish bias. I’m keeping an eye on key support at 0.8520 and 0.8500, while resistance sits at 0.8580 and 0.8600. RSI is hovering near 55, suggesting mild...
The GBP/JPY pair appears to be trading in a bullish trend overall, as indicated by the price action moving above the red moving average line. This moving average acts as dynamic support and resistance, suggesting a continued upward trajectory. The...
Importance of Time Frame in Forex Trading The time frame in forex trading refers to the duration over which a trader analyzes price movements on a chart. Choosing the right time frame is critical, as it directly influences trading strategies,...
Technical analysis of XAUUSD Today I chose gold for technical analysis. If you look at the price of gold in the first half of the year, the target market is moving along a downtrend line and helping its price fall. But now, gold has climbed above...
The yen traded within a narrow range against the dollar during early European trading on Tuesday, hovering near multi-month lows reached in the previous week. Investor skepticism surrounding the Bank of Japan's (BOJ) plans for further interest rate...