USD/CHF The week was great for USD/CHF buyers because the upward correction ended where it should have, that is, at the target level of 61.8% Fibonacci retracement. The price rose very quickly after buyers broke through the four-hour 200th moving...
The EUR/ GBP brace endured a decline, falling to the bottom of itsmulti-month range at 0.8380. This downcast movement followed a former uptrend on Thursday, October 3, driven by commentary from Bank of England Governor Andrew Bailey. The brace's...
Bearish Belt Hold Definition simplified I find the Bearish Belt Hold to be a relatively simple yet effective candlestick pattern for identifying potential reversals in an upward market trend. This single candlestick pattern forms during an uptrend...
Good afternoon to all Invest Social members! I hope everyone is doing well and enjoying this platform. Today, I want to discuss the NZD/USD currency pair, focusing on its recent performance on the H4 time frame. The NZD/USD pair is currently...
GBPCHF pair which is consolidating around the EMA 50, it appears to be between the pivot point (PP) 0.9408 and the resistance (R1) 1.1130. If the price will continue the downward rally in accordance with the bearish trend, it needs to pass the pivot...