The Swiss franc strengthened slightly on Monday. USD/CHF is currently trading at 0.8514, up 0.16% on the day. With US markets closed for the Labor Day holiday, it is unlikely that we will see much movement in the US dollar today. Swiss retail sales...
Fibonacci Retracement: Fibonacci Retracement is a tool used by technical analysts to identify key support and resistance levels. The support and resistance levels are plotted as horizontal lines and used to estimate likely reversal pointes during an...
Spread : In Forex Trading the Spread is the difference between the Bid and Ask price. The "Ask" price is also known as the "offer" price. its the difference between the buyers and sellers prices. The bid repersents demand and the ask represents...
The price action of a Bullish Harami candlestick pattern involves a specific sequence that signals a potential reversal from a bearish trend to a bullish trend. Here's how the price action unfolds: 1. Downtrend Presence: The market is in a...
USD/ CAD Price Forcast: Still too early to say a reversal of the downtrend is unfolding. USD/CAD is showing some bullish reversal insignia but it is still too soon to be confident that bulls are back in the driving seat. The risks, therefore,...