USDCAD D1 Technical analysis involves studying historical price data to forecast future price movements. One of the primary tools used in technical analysis is chart patterns. These patterns form due to the price action of a currency pair and can...
GBP/USD Analysis on the Day The weekend opens with a look at the daily chart, where prices, after a recent decline, managed to claw back to the middle of the established trading range. However, a decisive break below this level failed to...
WHAT IS MARKET DEPTH PROFILE Market depth profile, also known as market depth or order book depth, refers to the ability of a market to absorb large orders without significantly affecting the price of the security. It is a measure of the market's...
USD/CHF H-1 (US Dollar / Swiss Franc). An optimal trading plan can be developed for an instrument on the H1 time frame, as there is a good opportunity to execute a profitable trade in the market at that time with a high probability of successfully...
TRADING UPDATES On the DAILY H4 and H1 timeframes, the price is indeed below the MA50, so it is clear that seller dominance will continue in the next trading week, especially since the distance between the EMA50 and the price on the Daily candle is...