Reading the USD/CHF Prices Let's delve into the current price behavior analysis of the USD/CHF currency pair. Last week, buyers succeeded in forming a modest yet bullish candle on the chart, which, notably, has a pronounced lower shadow. This shadow...
AUD/ USD Price Study We are currently engaged in the study of the AUD/ USD currency pair's pricing movement analysis. On Friday, the pair experienced selling pressure. Reviewing the daily chart, I observe a sideways trend over several days. The...
The price action of a Bullish Harami candlestick pattern involves a specific sequence that signals a potential reversal from a bearish trend to a bullish trend. Here's how the price action unfolds: 1. Downtrend Presence: The market is in a...
The Swiss franc strengthened slightly on Monday. USD/CHF is currently trading at 0.8514, up 0.16% on the day. With US markets closed for the Labor Day holiday, it is unlikely that we will see much movement in the US dollar today. Swiss retail sales...
The appearance of the Simple Moving Average 150 and Simple Moving Average 60 indicators which are pointing upwards, it is possible that this condition will continue until the end of the week tomorrow if buyers are able to consistently maintain their...