General Points about USDCHF: Currently, the USDCHF market appears to be trending towards sellers. It is trading at the 0.8840 level, indicating a bearish sentiment as the price continues to move lower. With the ongoing downward momentum, there is...
Gold has demonstrated a strong bullish movement, as indicated by its upward trajectory from the 2635 region to recent highs near 2711. This rally is marked by consistent higher highs and higher lows, signaling a clear uptrend. Currently, the price...
Stope loss A stop-loss in forex trading is an essential risk management tool designed to minimize potential losses. It is a preset order to close a trade when the price reaches a specific level, preventing further losses beyond what the trader is...
The upcoming release of the US inflation data (CPI) and the Bank of Canada's (BoC) interest rate decision are expected to significantly impact the USDCAD currency pair's volatility. If the US inflation data exceeds forecasts, the USDCAD pair could...
USD/JPY Technical Analysis: Right now, USD/JPY is trading around 148.50, and I’m seeing bullish momentum holding steady. The key support level is at 148.00, which aligns with the 50-day moving average. If the pair breaks below this, it could head...
