The USD/CHF currency pair is showing a mix of technical indicators, providing insights for traders navigating the current downtrend. Several key indicators are giving neutral signals, suggesting an uncertain environment. The Relative Strength Index...
TRADING CHART ON AUD/USD D1 . The AUDUSD trading instrument has seen a downward trend over the past week, with sellers dominating the market. However, the US dollar has been gaining strength against major world currencies. The price's wave structure...
General Points of GBPUSD: So far, due to the control of sellers in the GBPUSD market, we can note a bearish outlook. The price is currently at the 1.2620 level, and sellers remain strong, maintaining downward pressure on the market. The ongoing...
Analysis of Gold Price Movement around Resistance Levels The trading situation for gold has reached a level of gradual squeezing, while at the resistance level of $2,600, the local peak drew traders' attention. This is a significant level that may...
Trade with Momentum Trading with momentum refers to a strategy that seeks to capitalize on the strength of existing market trends. Momentum traders buy assets that are rising and sell assets that are falling, assuming that those trends will continue...