Greetings! Good morning, dear traders. All my expectations for the past week were focused on developing intra-channel movement within the ascending channel, aiming for the upper boundary of the trading range at 1.0845. If this upward momentum...
What is the Tweezers Top Pattern? The tweezer top pattern can be described as a bearish reversal pattern characterized by two candlesticks. An uptrend begins with a green candlestick, which appears on the first day. On the second day, the high...
USD/ CHF Exchange Rate Our discussion centres on the present state of the USD/ CHF currency pair's price behavior analysis. The EMA50 resistance at 0.8866 is currently preventing further growth. Although there have been attempts to solidify above...
Hello everyone! At the beginning of the week, the Gold trading instrument without any problems managed to reach a good support level at the level of 2387, which was the peak of last June. From one attempt, the price failed to break through this...
The market appears to be moving sideways at the end of this year, contrasting sharply with last year's bullish trend. My strategy for the upcoming week is to buy if the price reaches the support level of 1.0850. We will observe the price's reaction...