USD/CAD H4 MARKET ANALYSIS. Moving to the market trend in the 4-hour time frame, we see that the price failed to form the bearish rally of late September. The price position is still struggling to move higher. It is now at the 1.3759 price range, in...
The Average True Range (ATR) indicator is a measure of volatility used in forex trading to measure how much the market moves. It does not indicate the direction of the price, but shows the range of price movement over a certain period. Traders use...
USD/CHF OUTLOOK ANALYSIS: On the USD/CHF D1 time frame chart, the currency pair is currently trading at the 0.8571 level, reflecting a decisively bearish trend. The recent price action indicates sustained downward pressure, as the pair continues to...
TRADING CHART ON GBP/JPY H4. The GBP JPY pair has shown moderate volatility this week, with prices fluctuating around the 50-day moving average and the pivot point at 193.36. Although the price appears to be rising, it has not been able to reach the...
Trading Analysis Update Saturday, October 12, 2024 H4 Chart Review The structure of the EURUSD pair price movement pattern in this week's trading clearly shows that the market stopped under selling pressure coupled with a trend that remains...