Analyzing the forex market by daily candlesticks is a popular method among traders for identifying trends, price action, and key levels of support and resistance. A candlestick represents a single day of trading activity, showing four key data...
The U.S. dollar remains under significant pressure following the Federal Reserve's decision to lower interest rates by a half point, but this is not the only problem on the Forex market. As anticipated, the Fed's unprecedented 0.50% rate cut has...
M-1 Chart Technical Outlook USD/CHF The USD/CHF pair, after rising to the 0.8514 level yesterday, fell to the 0.8448 level, from where it tried to reach higher, but the 0.8505 level sustained the advance and led to a reversal to the downside. Which...
The spot price has shown renewed strength, breaking out from a consolidation range of around 1.3290. This bullish movement has pushed Cable to fresh short-term highs, with further targets set towards 1.3340. Currently, the pair is trading near the...
Market Overview Greetings everyone, and a warm welcome to Interlock's Trading Journal! I hope you're all doing well and reaping the rewards of my recent Bitcoin analysis. As I predicted, Bitcoin tested the 60,100 level yesterday and then rallied,...