The USD/CAD currency pair was influenced by several key factors. The U.S. dollar faced downward pressure due to mixed economic data, including weaker-than-expected GDP growth and softer consumer confidence. Additionally, comments from Federal...
In forex trading, the term "ellipse shape" is not a standard technical term, but can be interpreted in several ways, especially when analyzing price action or chart patterns. Below are some possible interpretations and uses of the ellipse shape in...
Crude Oil (#CL) Technical Analysis Crude oil has been under significant bearish pressure since the end of July, consistently trading below the crucial moving averages: EMA50, EMA100, and EMA200. This trend highlights a strong downward momentum...
USD-CHF PAIR FORECAST The price movement that I am thinking about right now is the buy option, which from the previous pattern, namely the price moving down sequentially or patterned below the dynamic EMA which acts as a resistance area for now if...
USD/CHF H1 After yesterday's trading results, buyers of the Swiss franc formed the first upward impulse and on the H1 timeframe, after which from the northern starting line of 0.8660 the price of USD/CHF turned south for correction. The nearest...