Examining USDCHF with Fibonacci numbers. I prefer to utilize the Fibonacci grid tool in a unique manner. I extend it from the highest point of the previous day's candle, marking the 100% level at 0. 82006, and set the low to the 0% level at 0....
The bearish situation for the USD/CHF pair remains uncertain, as the Ichimoku indicator still shows a sell signal with the RSI indicator crossing below the RSI indicator at 0.8030 and 0.8075, respectively. However, the price is currently at 0.8090,...
How Inflation Affects Currency Value: A Crucial Insight for Forex Traders In the world of Forex trading, inflation is more than just an economic buzzword — it's a critical factor that can significantly influence currency value. Understanding how...
USD/JPY Technical analysis H-1 Chart Hello. Today we have dedicated the day to growth again. The price rose from the opening and reached the maximum point of 1.1570. From it, EUR/USD successfully started to decline and stopped not far from the top....
GBP/USD GBP/USD is hanging around 1.2350 this morning after slipping a bit in early London trading. I’m seeing the pair still under pressure, mostly because the U.S. dollar continues to stay strong, while the pound seems to be lacking any real...
