What precisely is a “Dragonfly Doji”? Introduction to Candlestick Patterns In the world of trading, whether it's stocks, forex, or cryptocurrency, candlestick patterns are indispensable tools. They provide a visual representation of price movements...
Analyzing the USD/CHF Trading Session As we approach the trading session on Monday, my focus remains on the analysis of "descending wedges." There is a possibility that the price may attempt to break out of the smaller wedge formation on Monday. For...
The currency pair is trading in the Ichimoku cloud, the current price of 195.408 is below the Senkou Span B line of 190.519, which I consider very strong in this indicator. I don’t really want to go into buying against it. There is another Senkou...
The EUR/JPY currency pair continued its upward trend on Wednesday, despite a lack of strong bullish conviction and trading within a familiar range. Spot prices reached around 160.00, supported by a variety of factors. The US dollar benefited from a...
USD/CHF Analysis: Current Trends and Future Outlook The USD/CHF currency pair has recently shown a downward movement, particularly noted on Wednesday when it successfully declined to a price level of 0.8386. This movement drew attention as the...