Negative traders, often known as short sellers, have found a favorable environment due to the recent failure to maintain momentum above the 50-day Simple Moving Average (SMA) and the subsequent decline. The 50-day SMA is a widely observed technical...
GBP/USD Good morning to you, Vlad! Happy weekend to you! My Take Profit was at 1.2625, but I closed the sell at 1.2630 manually. I was afraid that the price would turn around and go north. As the chart shows, I closed the deal early. And it would...
The EUR/CHF currency pair continues to exhibit a downward trend, with its price movement indicating a persistent rally towards lower levels. Recently, the pair has been attempting to break through the support level, marked at 0.9633. Despite...
USDJPY ANALYSIS Assalamu'alaikum warohmatullahi wabarokatuh, Good morning, friends from the forum wherever you are, and happy weekend! I hope everything planned earlier goes smoothly and enjoyable. Alright, everyone, how has your trading been over...
THE CURRENCY PAIR EUR-CHF Technical analysis of the currency pair or instrument using Heiken Ashi candles and a combination of TMA (triangular moving average) and RSI indicators currently signals that bullish sentiment clearly prevails in the...