The Average True Range (ATR) indicator is a measure of volatility used in forex trading to measure how much the market moves. It does not indicate the direction of the price, but shows the range of price movement over a certain period. Traders use...
The current price movement indicates the early stages of a bullish trend, making the buy option an attractive reference for future trading opportunities. I am closely analyzing the price action with the concept of the moving average, and it appears...
The USD/CHF currency pair is currently trading around 0.85460, and the market is exhibiting a bearish trend. This decline reflects a weakening of the US Dollar against the Swiss Franc, indicating that the market sentiment is leaning towards a...
The USD/JPY pair recently broke the key support level at 144.53, signaling a potential continuation of the downtrend. After this breakout, the pair dropped by 99 points before attempting a correction, where buyers pushed the price back to the 144.53...
Harami patterns provide traders with both market continuations and reversals signals, based on the trend’s strength. Traders are also able to identify entry points across different currency pairs in multiple timeframes with these patterns. Since...
