USD/CHF The price is within an inverted triangle. Earlier today, it dropped to the lower boundary of this triangle, reaching 0.8242 before reversing upward. The pair will likely continue climbing, potentially reaching 0.8488. Once it hits this...
The Australian dollar (AUD) is currently facing headwinds, with the AUD/USD pair trading near the key resistance level of 0.6850. The market's focus is on the upcoming release of US Non-Farm Payrolls (NFP) data, which will provide valuable insights...
Technically, the rebound from support provided confirmation for many traders that the downside was limited, and the market was ready to move higher. The break of the sideways consolidation was a significant event, as it often indicates that the...
Soothsaying and assaying the instrument/ currency brace using Heikin Ashi candlesticks and TMA and RSI pointers shows that at the moment there's an occasion to make a trading plan in the direction of purchases. Heikin Ashi candlesticks, which...
A Double Top pattern is a bearish reversal chart pattern that signals a potential change in market direction from an uptrend to a downtrend. It is one of the most widely recognized and reliable patterns in technical analysis. The Double Top forms...