THE CURRENCY PAIR EUR-JPY Let's consider the D1 period chart before the beginning of the week—the EURJPY currency pair. Another trading week has passed since the end of the previous month of November, and this month was dominated mostly by sellers....
•••USD/CHF TODAY: MARKET MOVERS AND TRADING INSIGHTS(December 16,2024)••• ••Current Market Snapshot • The USD/CHF pair is holding steady today at 0.8910 (Sell) and 0.8913 (Buy), showing a narrow trading range that reflects the balance of power...
The euro experienced a surge against the US dollar at the commencement of the trading week, reaching levels around 1.0520 during the Asian session on Monday. This appreciation can be attributed to a decline in US Treasury yields, which preceded the...
TRIX Indicator The TRIX is essentially a momentum oscillator that measures the percentage rate of change of a triple exponentially smoothed moving average of closing prices. Its goal is to filter out minor price fluctuations and focus on the...
The bullish meeting line is a candlestick pattern in forex trading that signals a potential reversal from a downtrend to an uptrend. It occurs when a bearish candle is followed by a bullish candle that closes at or near the previous day's close,...
