USD/CHF Forum (US Dollar/Swiss Franc): Charts, Reviews Since the candle could not penetrate the demand area at the price of 0.8402, the movement of USDCHF which was previously down turned up. The increase started on Thursday and continued on...
THE CURRENCY PAIR GBP-USD Have a nice day, and profitable trading to all forum members! I would like to share my vision of the trading situation for the instrument. To begin the technical analysis, I throw an indicator on the chart that...
NZD/USD Forum Analysis, Forecast 01 September 2024 It's been two days, Thursday and Friday, the nzdusd movement has started to decline. The beginning of the nzdusd decline was when the candle touched the 0.6298 area. After I checked again, that...
USD/CHF H1 After yesterday's trading results, buyers of the Swiss franc formed the first upward impulse and on the H1 timeframe, after which from the northern starting line of 0.8660 the price of USD/CHF turned south for correction. The nearest...
In forex trading, the term "ellipse shape" is not a standard technical term, but can be interpreted in several ways, especially when analyzing price action or chart patterns. Below are some possible interpretations and uses of the ellipse shape in...