After the h1 support broke at 0. 6292, the audusd dropped to 0. 6270. However, since yesterday, the audusd has started to rise again, reaching up to 0. 6305. It's noticeable that despite the upward move, the candle has not surpassed the nearest...
Technical Examination of USDCHF For today’s analysis, I will focus on USD/CHF. The current market price lies between a resistance level at 0. 8826 and a support level at 0. 8965. If the market price breaks below this support and closes under it, the...
EURUSD Technical Trading Analysis EURUSD is trading at 1.0905, approaching the key resistance level of 1.0948. The Zigzag indicator, which filters out minor price fluctuations to identify significant trends, shows that the pair has been in a gradual...
Engulfing Candlestick Pattern in Forex Trading The engulfing candlestick pattern is a two-candle reversal signal commonly used in forex trading to indicate a potential change in market direction. It comes in two forms: bullish and bearish. 1....
Date: 12th March 2025. Eyes on Inflation: Market Volatility, Tariffs, and Geopolitical Tensions Shake Wall Street. It was another volatile session as markets assessed fresh news on tariffs and Ukraine, all while positioning for upcoming economic...