Types of Technical Analysis in Forex Trading 1. Chart Patterns Chart patterns, such as head and shoulders, double tops, and triangles, are used to predict future price movements. These patterns highlight areas of potential reversals or continuations...
USD / CHF: H4 Trading Recommendation My recommendation for USDCHF is that we should go in the upward direction as the bulls are strong this week. The market of USDCHF has not yet undergone a correction process, indicating that the current upward...
EUR/USD has only traded below parity (1.00) twice in its 25-year history. EUR/USD is in danger of falling from its almost two-year range between 1.05 and 1.12. A confirmed breakout could put the psychologically significant 1.00 level back on...
USD / CAD: Today's Recommendation The price of USDCAD hit the support area of 1.3936 yesterday, marking a significant point in the market. Today, my recommendation is that the bulls can take action and push the price toward the 1.4078 level. This...