The term "MN chart" refers to the Monthly Chart in Forex trading. This chart provides a visual representation of price movements over an entire month, with each candlestick or bar encapsulating the open, close, high, and low prices for that specific...
EUR/USD Daily Chart Analysis Current Market Position The EUR/USD currency pair is currently hovering around the 23.6% Fibonacci retracement level, suggesting the potential for a strong bullish breakout. A closer inspection of the chart reveals that...
The given textual content discusses the merger of the euro foreign money pairs over the time body of the day, in which it is constrained to the interior bar chart between 1.67417 and 1.64882. Furthermore, this action is constrained via a symmetrical...
The EUR/JPY pair experienced a decline in Asian trading on Monday, retreating to around the 159.10 level after gains in the previous session. This downturn can be primarily attributed to a strengthening Japanese yen, which was bolstered by a...
On the H1 timeframe, it is evident that sellers are dominating over buyers in the USDCHF currency pair. The price is positioned below the moving average, indicating the strength of the bears in this market. Confirmation for selling positions can be...