Technical analysis of USDCHF Today I choose USD/CHF for technical analysis. The market price is currently positioned between the 0.9107 resistance level and the 0.9007 support level. We will find the next support at 0.8912 as the market price breaks...
A morning star candlestick pattern is a visual cue in technical analysis used by traders to identify potential reversal points in the market. It's considered one of the key signals indicating a bullish reversal following a downward trend. The...
EUR/USD The gap down moved a couple significantly lower. Bulls traders made considerable efforts to close this gap and return to the extent affected by a short -term short -term trend to 1.0386 and daily crossing of Ichimok in the range of 1.0356 to...
Silver Price Forecast: XAG/USD Silver prices surged to a three-month high of $32.38 on Wednesday. Safe-haven metals gain ground amid risk-off mood following global trade and economic uncertainties. Traders await Friday’s US Nonfarm Payrolls, which...
AUD/USD Market Outlook Greetings and Good Morning to everyone! The overall market sentiment of AUD/USD is still in favor of buyers. Therefore, the traders can open a buy order with a short target of 0.6272 ahead. Also, the Australian Retail Sales...