GBP/USD Pair Technical Point Of View The reversal to the north from the support zone 1.2271-1.2143. I didn’t buy here for one reason - this is a weekly chart. Most likely, I will have to sit in long positions for a long time, by which I mean long...
USD/CHF As of February 6, 2025, the USD/CHF currency pair is trading near 0.9150, indicating a strengthening U.S. dollar against the Swiss franc. Technical Analysis: Since September 2024, USD/CHF has been in an upward trend, recently approaching...
Gold prices experienced a slight decline following a more hawkish stance from the Federal Reserve. The Fed's decision to remove language regarding inflation suggests a potential pause in interest rate adjustments. The XAU/USD pair is currently...
EUR/USD Analysis: Current Market Outlook Current Trend and Price Action The EUR/USD pair is currently in an uptrend on the H1 time frame, with the price situated at 1.0414. The Relative Strength Index (RSI) is positioned below 70, indicating that...
Average True Range Average True Range (ATR) is a technical analysis indicator that measures market volatility. It was developed by J. Welles Wilder Jr. and is commonly used in trading to assess price fluctuations. How ATR Works ATR calculates the...
