The pair traded near the support at 1.41535 with a selling volume present. I anticipated the pair would move higher towards the resistance at 1.43655. Another selling volume appeared. I expected the pair to move lower. Ultimately, there was an...
News for trading Today we have high-impact news. The high-impact news involving various currencies. We have some low and medium-impact news as well. There will be much volatility in that area and with any pair related to the currencies seen below....
The USD/CHF pair experienced a sustained upward momentum, marking its fourth consecutive session of gains and trading around the 0.8840 mark during Monday's Asian trading. This surge was primarily attributed to the US dollar's recovery from previous...
EURUSD Technical Analysis EURUSD has been in a downtrend, as evident from the sustained lower highs and lower lows. The 150-period moving average (blue line) is trending downward, confirming bearish momentum. The price recently tested a resistance...
The long lower shadow candlestick pattern is a valuable tool in a technical analyst's arsenal. It offers insights into the underlying battle between buyers and sellers, potentially signaling reversals or continuations of current trends. This...