TRADING CHART ON USD/CHF H1. This USD/CHF chart demonstrates a complex interaction of technical factors, reflecting a phase of consolidation amidst a broader bearish trend. The price is currently trading around the key 0.87817 level, which has acted...
Australian dollar falls on weak GDP data The Aussie dollar saw a significant drop, mainly due to disappointing GDP data last week. This weaker than expected economic performance has set the stage for a potential move to the 0.6250 level. However,...
USD/JPY Technical Analysis USD/JPY is currently hovering around 144.50, showing signs of consolidation. From what I see on the 4-hour chart, the pair is staying below the 200-period EMA, which suggests bearish momentum for now. There’s strong...
In general, there is no point in arguing about this topic, for some scalping is 3-10 points, and for others, a movement of 20-30 points within a day is also scalping. Pipsing is essentially the lot of high-frequency robots that collect 0.5-2...
AUD/JPY Market Analysis Greetings and Good Morning to everyone! The market sentiment for AUD/JPY currently favors sellers, with significant downward pressure pushing the pair toward the 965.41 zone. This level represents a critical point, and it...