The USD/CHF pair exhibited a resilient performance during the first half of the European session on Friday, reversing intraday losses to reach the psychological 0.8500 level. While the pair remained below the 50-day simple moving average (SMA), the...
In the current market environment, technical analysis plays a critical role in understanding price movements and making informed trading decisions. The analysis focuses on specific price levels that indicate potential turning points in market...
The USD/CHF currency pair has exhibited a notable rangebound behavior in recent weeks, reflecting a tug-of-war between buyers and sellers. Despite a generally positive outlook for the U.S. dollar, the pair has struggled to break free from its...
Market Overview: Bitcoin's Rebound and Trading Strategy Greetings, everyone! A warm welcome to Interlock's Trading Journal. How are you all doing today? I hope you're enjoying profits from my recent Bitcoin analysis. As predicted, Bitcoin tested the...
EURUSD We open the daily chart for the EUR/USD pair and see that earlier, after a rebound from the local minimum of 1.0665, the EUR/USD pair switched to an upward trend and then an upward price channel was formed, within which the major reached the...
