Support Level In forex trading, a support level is a price level where a currency pair tends to find buying interest as it declines. This means that the price is more likely to "bounce" off this level rather than break below it. It occurs because...
T E C H N I C A L _ A N A L Y S I S X A U / U S D Hello and welcome to all fellow traders and friends. Today, we can notice an upturn scenario in the forex market. XAU/USD is trading at 2866.47 at the time of writing. XAU/USD is currently showing a...
Technical analysis of USDCHF Today I chose the h1 time frame for USD/CHF; the market price is falling, helping to contain the selling momentum; during this period, the market price fell and started to break support, with the price forming resistance...
Technical analysis of GBPNZD Today I choose GBP/NZD for technical analysis. The market price continues to rise, just rose from the trend line, and now this market has broken the trend line. The market price has broken the trendline and formed...
USD/CHF Forecast Greetings and Good Morning, guys! The Swiss CPI rate will again be released this week, drawing significant attention from traders analyzing the USD/CHF market. However, the last data was not better, indicating weak inflationary...
