USD/CHF Technical Analysis The pair's price began trading this week within descending price channels, reflecting the movement of the previous two weeks. Early in the week, the price was near the lower channel lines, which provided support for an...
What is a Hammer Candlestick Pattern? The Hammer Candlestick Pattern is a single candlestick pattern that indicates a potential reversal in the market. It is easily recognizable by its small body and long lower shadow, which is at least twice the...
The nearest objective is to test the resistance zone at 1.2650-1.2745 as the initial upper target. Consolidating above this level would support further growth towards the upper volume zone of 1.2665-1.2758. However, after rebounding from the...
Hello all traders how are you? The NZD/USD currency pair showed significant movement from recent declines, especially when it tested the local support level of 0.61068, according to my assessment. Initially, the price action suggested a possible...
Taking a look at the current market situation of AUD/USD, my trading plan includes two options for making good profits in intraday trading. Option (1) is the primary option, with growth dynamics that form the current price finding area at 0.65821,...