Forecast of USDCHF Price appears overbought on the H4 time frame chart since the USDCHF has been in a positive trend for the past several trading days. With regard to Friday's price adjustment, the USDCHF began a bearish trend that will last for a...
Nzdusd H1 Time Frame Technical Analysis: On the 1-hour chart for the NZD/USD pair, the price is currently in a flat range, with support at 0.5960 and resistance at 0.5990. The lower boundary of this sideways trend has been tested, and the price may...
A Marubozu candle is a unique candlestick pattern in technical analysis that stands out due to its lack of shadows, or "wicks," at both ends. This means that the opening and closing prices are the same as the high and low prices of the...
Today's Analysis of EUR/USD Chart: Now, let's analyze today's EUR/USD currency pair chart based on the current movements and indicators given in that period. Moving to Tuesday, the low recorded by the EUR/USD is 1.0790, trading at this writing...
Money Management in Forex Trading Money management in the forex market (foreign exchange trading) is one of the critical factors that determine a trader's success or failure. This market requires traders to make quick decisions based on price...
