What is range trading? Range trading is a strategy used in financial markets, particularly in stock, forex, and cryptocurrency trading, where traders identify a range within which the price of an asset fluctuates. They then buy the asset when its...
USD/JPY Market Analysis - H1 Chart Introduction Today, Friday, the USD/JPY market is once again facing the psychological resistance level of 157.00. This level will play a critical role in determining the market's next probable direction. A breakout...
TRADING CHART ON EUR /USD H4. The EURUSD pair's price has dropped this week, shifting the trend from bullish to bearish. The 50-day Exponential Moving Average (EMA) has crossed below the 200-day Simple Moving Average (SMA), indicating a bearish...
Current Market Outlook The current price of the asset stands at approximately 1.3726, and there’s a potential for it to breach the low price level of 1.3720. If this occurs, it will create a new lower low pattern, indicating ongoing bearish...
USD/CHF OUTLOOK ANALYSIS: On the USD/CHF D1 time frame chart, the USD/CHF currency pair closed the trading week near 0.8582, maintaining its upward trajectory. This movement has been supported by consistent buying pressure, with the U.S. dollar...