On the USDCHF H1 time frame, the USD/CHF currency pair has been traded within a well-defined range over the past few sessions. This range-bound price action has seen the pair oscillating between specific support and resistance levels without...
In the current market landscape, the USD/CHF currency pair is experiencing heightened volatility as it approaches a pivotal resistance level at 0.8417. This level serves not only as a technical barrier but also as a psychological threshold for...
The single European currency (euro) is currently under some pressure as it approaches the 1.11 level again. The overall market sentiment remained largely unchanged yesterday, with no new messages emerging from the speeches of Fed Chair Jerome Powell...
The AUD/USD currency pair has experienced a reversal from its recent high of 0.68317, now indicating a bearish trend. Despite this, the price remains above the middle Bollinger Band, currently positioned at 0.67035. The Bollinger Bands themselves...
What is range trading? Range trading is a trading strategy in financial markets where traders buy and sell within a defined price range, typically identified by horizontal support and resistance levels on a chart. The idea is to take advantage of a...