GBP/USD D-1 ANALYSIS Chart D1 - GBPUSD currency pair. Sellers have dominated the last couple of weeks and it was already clear in advance that there was a very high probability of a fall. The MACD indicator used had a bearish divergence - a strong...
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 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...
What is bullish rectangle chart pattern in forex trading. What Is a Bullish Rectangle Chart Pattern? Let’s consider a live-market bullish rectangle example. In the chart above, you can identify the rectangle formed due to a pause in an uptrend....
The recent movements of the currency pair under analysis have demonstrated a notable bearish trend, achieving a target at 0.6080 before entering a consolidation phase. This shift in momentum is critical for traders to understand as it sets the stage...
