Technical Analysis Usdchf H1 Time Frame: The USDCHF currency pair is currently trading around 0.8858, with technical indicators on the hourly chart favoring a bullish scenario. Despite the MACD being in the negative zone, there is a possibility of a...
The currency pair has remained confined within the 1.2630-1.2715 range for the past three days, reflecting market uncertainty in the absence of a clear catalyst. Last week’s robust U.S. jobs report lent strength to the Greenback, propelling it to...
The spot price edged slightly higher during Thursday’s European session, trading around the 0.8829 mark. The Swiss Franc showed weakness ahead of the Swiss National Bank's (SNB) upcoming interest rate decision, adding pressure to the currency....
The AUD JPY pair experienced fluctuations in its price during the trading session. Initially, the price strengthened in the Asian market, but later declined. The market was dominated by buyers in the morning, and the price gradually increased from...
Trading using red candlestick patterns involves identifying bearish signals that could indicate a price drop or continuation of a downtrend. A red candlestick typically represents a closing price lower than the opening price, showing selling...
