USD/CHF Technical Analysis: Right now, USD/CHF is trading around 0.8550, showing a slight bullish bias. I’m keeping an eye on key support at 0.8520 and 0.8500, while resistance sits at 0.8580 and 0.8600. RSI is hovering near 55, suggesting mild...
Importance of Time Frame in Forex Trading The time frame in forex trading refers to the duration over which a trader analyzes price movements on a chart. Choosing the right time frame is critical, as it directly influences trading strategies,...
USDJPY currency pair - let’s look at the D1 period chart today. During this senior period, it catches the eye how clearly the bearish divergence worked out, which was earlier in November on the MACD indicator. There was a good descent that ended in...
The AUD/USD pair is trading at 0.6239, displaying a predominantly bearish trend over the analyzed period. The price recently entered a consolidation phase following a significant downward movement. The technical indicators, including the moving...
Technical analysis of XAUUSD Today I chose gold for technical analysis. If you look at the price of gold in the first half of the year, the target market is moving along a downtrend line and helping its price fall. But now, gold has climbed above...
