USD/CHF: The USD/CHF currency pair currently presents a favorable opportunity for selling transactions, given that the strength of the sellers is clearly more dominant than the potential for buyers to change the situation. Given the current...
In the ongoing trading session, the exchange rate between the US dollar (USD) and the Canadian dollar (CAD) continues to hover within the confines of the range formed during the preceding trading day. Despite its adherence to this established range,...
What is Market Depth Profile? Detailed Components of Market Depth Order Book Structure: Top of the Book: This shows the best bid and ask prices (highest bid and lowest ask) along with the quantities available at those prices. Depth of the Book:...
In Forex trading, a pivot point is a technical analysis indicator used to determine the overall trend of the market across different time frames. The pivot point itself is the average of the high, low, and closing prices from the previous trading...
USD/CHF Currency Pair Analysisersistent Bearish Trend and Future Prospects: Over the past two weeks, the USD/CHF currency pair has exhibited a notable bearish trend. Starting from the market opening on Monday, buyers made an attempt to push the...