Core Points about GBPCHF: Keep in mind that this week, there are some news events for GBPCHF that could significantly impact the market. These include the UK GDP report and the Swiss CHF rate decision. Both factors can create volatility, leading to...
A Hammer candlestick has a small body near the top of the candle, a long lower wick (at least twice the body length), and little to no upper wick. It forms during a downtrend and signals potential bullish reversal, as the long wick indicates...
EUR/USD Price Action Summary Our dialogue revolves around the present examination of the EUR/USD price assessment. The EUR/USD H4 chart highlights a cautiously bearish sentiment as the pair remains under pressure following a sharp drop from the...
GBPUSD Technical Analysis GBPUSD is currently trading around 1.2385, showing signs of consolidation after a recent decline from its resistance zone near 1.2500. The market is in a corrective phase, and price action suggests a potential move in...
Understanding Position Trading Position trading is a long-term trading strategy where traders buy and hold securities—such as stocks, currencies, or commodities—for extended periods, ranging from weeks to years. This approach is grounded in...
