The GBP/CHF pair is currently consolidating after a previous sharp downtrend, trading around the 1.0842 level on the 1-hour timeframe. After a brief recovery from the 1.0610 low, the market has entered a sideways range, showing indecision and lack...
Spot trading refers to the buying and selling of financial instruments, such as stocks, commodities, or cryptocurrencies, for immediate delivery or settlement. In spot trading, the transaction is completed "on the spot," meaning the asset is bought...
I welcome the weekend as it gives me the opportunity to thoroughly analyze the GBP/USD pair and reflect on the developments of the past week. I noticed that while overall volatility was relatively low, buyers still managed to push the price up by...
Forex trading involves not only understanding currency pairs and market movements but also knowing how to enter and exit trades effectively. To do this, traders use different types of orders. An order in forex is simply an instruction sent to your...
T E C H N I C A L _ A N A L Y S I S U S D / C H F Hello fellows. Today, I'll be analyzing USD/CHF. USD/CHF is trading at 0.8161. The USD index (DXY) is at 99.23 at the time of writing. According to my analysis, USD/CHF looks bearish in this time...
