What are Harmonic Patterns? Harmonic patterns are specific price formations that adhere to Fibonacci ratios, which are widely used in technical analysis. They are named after geometric structures like butterflies, crabs, bats, and more, each with...
The USD/CHF currency pair, currently trading at approximately 0.8978, has been in a bearish trend, reflecting a period of weakness for the US dollar (USD) against the Swiss franc (CHF). The decline in USD/CHF indicates various underlying economic,...
The USD/JPY is trading slightly below the critical 160 level at a moderate pace reported overpurchase situations; Sellers are waiting below 158.35-159.00 BoJ intervention is possible; U.S. core PCE inflation is due at 12:30 GMT Friday After a...
EUR/USD The German economic picture seems to be deteriorating due to weak demand predictions, which is why expectations are growing that the ECB will announce consecutive rate cuts. On Monday, data revealed that the German IFO Expectations Index...
THE CURRENCY PAIR USD-CHF It may be possible to make a false breakout of the 0.9000 range, and this will be a signal to sell. When we get a continuation of the correction to the range of 0.9000, then from there we can make a fall, and it’s...