I recently shifted my focus on USD/CHF from the H4 timeframe to the H1, hoping for a clearer entry setup, but the puzzle remains unsolved. I centered my attention on the growth cycle, identifying a local maximum at 0.8853, from which a corrective...
One of the key tools used in momentum trading is technical analysis, which involves analyzing price charts and indicators to identify trends and potential entry and exit points. Common indicators used by momentum traders include moving averages,...
The movement of the USDJPY currency pair over the past week has been characterized by significant fluctuations, showcasing a dynamic range of price action. At the start of the trading week on Monday, USDJPY initially experienced a decline, with the...
Technical analysis of USDCHF Today we will perform technical analysis on USD/CHF. USD/CHF is a major pair of the forex markets. The market is currently between our support and resistance levels. USD/CHF maintains a bullish tone and is currently...
WTI OIL Daily Forecast West Texas Intermediate crude oil is moving in a cautious corrective direction and is trying to gain momentum above the 71.00 level as traders prepare for key geopolitical and economic events. Market participants are...