Good afternoon, fellow traders. Today, I would like to share my analysis approach for the USDCHF currency pair on the M15 (15-minute) timeframe. My trading strategy primarily revolves around the use of simple moving averages (SMAs), which are widely...
The EUR/USD pair remained resilient near the 1.1400 psychological mark on Friday, slightly paring gains after the European trading session. Currently consolidating within a tight corridor between 1.1315 and 1.1391, the pair reflects a temporary...
The AUD/USD pair maintains its bullish trajectory, holding above the 0.6400 mark early Friday after testing a session low near 0.6360 on Thursday. The recent rebound is underpinned by a positive global risk tone and optimism surrounding US-China...
General Points about USDCAD: The Canadian Core Retail Sales rate failed to provide any significant benefit to USDCAD, resulting in the market closing at the 1.3850 level. Despite the lack of a notable positive impact from this data, the broader...
There are two primary types of On-Neck patterns: the Bullish On-Neck and the Bearish On-Neck. Each type has its unique characteristics and trading implications. A Bullish On-Neck pattern appears in an uptrend and indicates that the price is likely...
