The USD/CAD pair is currently encountering significant resistance at the 1.4100 level, which is crucial for determining the short-term price direction. As long as the price stays below this key resistance, the outlook remains bearish. In this...
EUR/USD M30 The EURUSD currency pair with a M30 timeframe has a good signal, it's time to do an analysis. The price of eurusd has fallen lower than the support, indicating that sellers have dominated the market. The weakening of the eurusd price...
Types of Technical Analysis in Forex Trading 1. Chart Patterns Chart patterns, such as head and shoulders, double tops, and triangles, are used to predict future price movements. These patterns highlight areas of potential reversals or continuations...
EUR/USD Trade Setup We focus on the ongoing study of the EUR/USD currency pair's pricing movement analysis. The EUR/USD hourly chart reflects a period of consolidation with price hovering near key moving averages. The 50-period EMA (white line) is...
The USD/CHF currency pair is currently hovering around a critical pivot point at 0.8875. According to the analysis, the primary strategy for traders is to take short positions if the price falls below this level. In this scenario, the price targets...
