GBP/NZD H_1 GBPNZD - In the web of FIBO grid. In constructing my Fibonacci grid, including the previous day’s high, I set a Fibo level of 100-2.13339 on it. The Fibo level of 0-2.11719 is connected to the minimum. Next, I analyze the current market...
Silver Price Action Review The Silver price behaviour analysis is a matter for discussion. By the end of the trading week, Silver presents an exciting scenario. On the H4 chart, the price remains above the Ichimoku cloud, signalling bullish momentum...
What is a shooting star in trading? A shooting star pattern with a small real body at the bottom of a price range and a long upper shadow that signals a likely peak on the chart. The classic shooting star does not have a lower shadow or is too...
The US Dollar steadies on Monday after a steep 1.76% sell-off last week, the worst in more than a year. Fed Chairman Jerome Powell committed to a September interest-rate cut in its Jackson Hole speech. The US Dollar index trades above 100.00 with...
USD/CHF Price Patterns The analysis of the price behavior of the USD/CHF currency pair is currently open to discussion. After Friday's sharp decline in USD/CHF, the pair may continue its descent towards the daily support level of 0.8447. The...